Exxon Mobil Corporation has announced a major reorganization that will centralize its operations into a new entity, ExxonMobil Global Operations, from next year. This is part of its continuing effort to boost efficiency and execution across its business units.
The restructuring will merge operations supporting ExxonMobil’s Product Solutions, Low Carbon Solutions, and Upstream businesses into one unified organization.
The latest development builds on a broader operating model introduced 6 years ago, which has already combined the company’s projects, technology and supply chain functions under global structures.
As part of the reorganization, Jon M. Gibbs, presently president of ExxonMobil Global Projects Company, will be promoted to Senior President of ExxonMobil Global Operations effective January 1, 2026.
Staale Gjervik, who currently serves as president of ExxonMobil Supply Chain, will take over Jon’s role as President of ExxonMobil Global Projects Company.
According to Exxon Mobil CEO Darren W. Woods, the centralization proves ExxonMobil’s dedication to “execution excellence,” leveraging many years of operational expertise to boost safety, reliability, and environmental performance across its global portfolio.
Jon, who joined Exxon Company USA in 1993, has held senior leadership roles across Nigeria, Angola, and Indonesia, and returned to Houston in 2016 as Vice President of Upstream. He led ExxonMobil Global Services from 2019 before becoming head of the Global Projects Company in 2021.
The shuffle reiterates the company’s ongoing organizational transformation, designed to improve capital efficiency, enhance integration between business lines, and support its low-carbon strategy.
ExxonMobil remains one of the world’s largest integrated energy companies, with major positions across oil, gas, chemicals, and low-carbon technologies.
Folami David is a dynamic journalist who views the world through an analytical lens, translating complex narratives across multiple industries into compelling stories. With an insatiable appetite for information and a keen eye for emerging trends, Folami specializes in uncovering the interconnections between technology, business, culture, and society.
