Jeffrey Ubben to step down from Exxon Mobil (XOM) board after May 2026 meeting

Rhea-AI Filing Summary

Exxon Mobil Corporation announced that director Jeffrey W. Ubben will not stand for re-election to the board at the annual meeting of shareholders on May 27, 2026. He informed the company of his intention on February 18, 2026, citing reasons unrelated to the company.

Ubben will continue to serve as a director until the annual meeting. Chairman and CEO Darren Woods thanked him, highlighting his expertise in returns-driven, environmentally focused investing and his contributions to ExxonMobil’s strategic thinking and governance over his five-year tenure on the board.

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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): February 18, 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 February 18, 2026, Mr. Jeffrey W. Ubben announced his intention not to stand for re-election to the board at the annual meeting of shareholders on May 27, 2026, for reasons unrelated to the company. Mr. Ubben will remain on the board and continue to serve 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. On a personal level, I will miss his enthusiasm for ExxonMobil’s unique role in the world and the intellectual depth he brought to every conversation.”

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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: February 20, 2026			By:			/s/ LEN M. FOX
						Len M. Fox
						Vice President, Controller and Tax
						(Principal Accounting Officer)

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FAQ

What board change did Exxon Mobil (XOM) announce on February 18, 2026?

Exxon Mobil announced that director Jeffrey W. Ubben intends not to stand for re-election at the May 27, 2026 annual shareholder meeting. The company states his decision is for reasons unrelated to ExxonMobil and that he will remain on the board until the meeting.

When will Jeffrey W. Ubben leave the Exxon Mobil (XOM) board?

Jeffrey W. Ubben is expected to leave the Exxon Mobil board at the annual meeting of shareholders on May 27, 2026. Until that date, he will continue serving as a director and participating in board activities according to the company’s disclosure.

Why is Jeffrey W. Ubben not standing for re-election to Exxon Mobil’s board?

Exxon Mobil states that Jeffrey W. Ubben chose not to stand for re-election for reasons unrelated to the company. The filing does not provide additional detail, but emphasizes appreciation for his service and contributions to ExxonMobil’s strategic thinking and governance.

How did Exxon Mobil’s leadership describe Jeffrey W. Ubben’s contributions?

Chairman and CEO Darren Woods praised Ubben’s deep expertise in returns-driven, environmentally focused investing and said it reinforced ExxonMobil’s strategic thinking. Woods also highlighted Ubben’s enthusiasm for the company’s mission and the intellectual depth he brought to board discussions over five years.

Will Jeffrey W. Ubben continue serving Exxon Mobil (XOM) until his departure?

Yes. Exxon Mobil states that Jeffrey W. Ubben will remain on the board and continue to serve as a director until the annual shareholder meeting on May 27, 2026. His departure will follow at that meeting when he does not stand for re-election.

What governance information about Exxon Mobil (XOM) is included in this 8-K?

The filing discloses a planned board transition, with director Jeffrey W. Ubben deciding not to stand for re-election at the May 27, 2026 annual meeting. It also confirms he will serve until that date and includes supportive remarks from Chairman and CEO Darren Woods.

Filing Exhibits & Attachments

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• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 3.2 KB
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT 16.2 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 29.8 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 17.0 KB