ExxonMobil board member Jeffrey Ubben to step down in May 2026

ExxonMobil Corp. (NYSE: XOM) announced that board member Jeffrey W. Ubben will not seek re-election at the company's annual shareholder meeting scheduled for May 27, 2026.

Ubben announced his intention to step down on February 18, 2026, citing reasons unrelated to the company. He will continue serving on the board until the annual meeting.

"We thank Jeff for his service on the ExxonMobil Board of Directors," said Darren Woods, Chairman and Chief Executive Officer. "Jeff's deep expertise in returns-driven, environmentally focused investing helped to reinforce our strategic thinking. In his five years on the Board, Jeff fully embraced the company and its mission."

Woods added that he would miss Ubben's enthusiasm for the company and the intellectual depth he brought to board discussions.

The information was disclosed in a company statement.

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