ExxonMobil names new chief accounting officer

Exxon Mobil Corporation reported an upcoming leadership change in its principal accounting role.

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Form Type

8-K

Rhea-AI Filing Summary

Exxon Mobil Corporation reported an upcoming leadership change in its principal accounting role. Len M. Fox, Vice President, Controller and Tax and the company’s principal accounting officer, announced his intention to retire effective July 1, 2026.

Effective the same date, ExxonMobil elected Susan Buchanan as Vice President and Chief Accounting Officer, who will also serve as Controller. Buchanan, age 44, has recently served as President of ExxonMobil Global Business Solutions and previously held senior roles in upstream strategy and business development.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Key Figures

Retirement effective date: July 1, 2026 Appointment effective date: July 1, 2026 Age of Susan Buchanan: 44 years

3 metrics

Retirement effective date July 1, 2026 Effective date of Len M. Fox’s retirement as principal accounting officer

Appointment effective date July 1, 2026 Effective date of Susan Buchanan’s appointment as Vice President and Chief Accounting Officer

Age of Susan Buchanan 44 years Age of incoming Chief Accounting Officer at time of disclosure

Key Terms

principal accounting officer, Chief Accounting Officer, executive officers, Emerging growth company

4 terms

principal accounting officer financial

"Vice President, Controller and Tax (principal accounting officer) of the Corporation"

The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.

Chief Accounting Officer financial

"elected Susan Buchanan as Vice President and Chief Accounting Officer (principal accounting officer)"

A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.

executive officers financial

"Ms. Buchanan, like other executive officers of the Corporation, does not have an employment contract."

Emerging growth company regulatory

"405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What executive leadership change did ExxonMobil (XOM) disclose in this 8-K?

ExxonMobil disclosed that Len M. Fox will retire as Vice President, Controller and Tax and principal accounting officer effective July 1, 2026. The company simultaneously elected Susan Buchanan as Vice President and Chief Accounting Officer, who will also serve as Controller from that date.

When will ExxonMobil’s principal accounting officer transition occur?

The transition is scheduled for July 1, 2026. On that date, Len M. Fox’s retirement as principal accounting officer becomes effective, and Susan Buchanan assumes the roles of Vice President and Chief Accounting Officer, as well as Controller of ExxonMobil.

Who is Susan Buchanan, ExxonMobil’s incoming Chief Accounting Officer?

Susan Buchanan, age 44, was elected Vice President and Chief Accounting Officer effective July 1, 2026. She has served as President of ExxonMobil Global Business Solutions since February 2026 and previously held senior upstream strategy and business development roles within the company.

What positions has Susan Buchanan held at ExxonMobil before becoming Chief Accounting Officer?

Before her election as Chief Accounting Officer, Susan Buchanan served as President of ExxonMobil Global Business Solutions, Vice President of Strategy and Business Development for ExxonMobil Upstream, General Manager of the U.S. Conventional Upstream Business, and Manager of Upstream Strategy, along with roles in Treasurers and Controllers functions.

Does Susan Buchanan have an employment contract with ExxonMobil (XOM)?

Susan Buchanan does not have an employment contract with ExxonMobil. The filing states that she, like other executive officers of the corporation, serves without an employment contract, reflecting the company’s standard executive employment arrangements.

What role did Len M. Fox hold at ExxonMobil prior to his retirement announcement?

Len M. Fox served as Vice President, Controller and Tax at ExxonMobil and was designated as the corporation’s principal accounting officer. He announced his intention to retire effective July 1, 2026, prompting the appointment of a new Chief Accounting Officer.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/04/2026 - 04:14 PM EDT

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 28, 2026

Exxon Mobil Corporation

(Exact name of registrant as specified in its charter)


New Jersey	1-2256	13-5409005
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

22777 Springwoods Village Parkway, Spring, Texas 77389-1425

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (972) 940-6000


(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


		Name of Each Exchange
Title of Each Class	Trading Symbol	on Which Registered
Common Stock, without par value	XOM	New York Stock Exchange
0.524% Notes due 2028	XOM28	New York Stock Exchange
0.835% Notes due 2032	XOM32	New York Stock Exchange
1.408% Notes due 2039	XOM39A	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 5.02			Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On April 28, 2026, Len M. Fox, Vice President, Controller and Tax (principal accounting officer) of the Corporation, announced his intention to retire effective July 1, 2026.

(c) On April 28, 2026, the Corporation elected Susan Buchanan as Vice President and Chief Accounting Officer (principal accounting officer) of the Corporation effective July 1, 2026. Ms. Buchanan, in her capacity as Chief Accounting Officer, will be the Controller of the Corporation.

Ms. Buchanan, age 44, has served as President of ExxonMobil Global Business Solutions since February 2026. She previously served as Vice President, Strategy and Business Development for ExxonMobil Upstream from October 2023 to February 2026 and as General Manager of the U.S. Conventional Upstream Business from November 2022 to October 2023. Prior to that she served as Manager, Upstream Strategy beginning in April 2021 and held a variety of positions within the Corporation’s Treasurers and Controllers functions. Ms. Buchanan, like other executive officers of the Corporation, does not have an employment contract.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


	EXXON MOBIL CORPORATION


Date: May 4, 2026	By:	/s/ NEIL A. HANSEN
		Neil A. Hansen
		Senior Vice President and Chief Financial Officer

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

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