https://www.yahoo.com/now/exxonmobil-appoints-jennifer-driscoll-vice-200000678.html
Another outside hire for Dallas, replacing a retiring IR leader.
7 replies (most recent on top)
Seems that Executives at that level are paid far beyond their value, never held accountable for poor decisions, and are immune from headcount reductions.
EM can improve efficiency by eliminating at least 2 levels of Management. No need for so many overpaid VP’s.
If we have 50% fewer Managers, we can spend 50% less time on PowerPoint.
In the first 4 months of employment, outsider Kathryn Mikells was given over 14 million dollars in RSU’s. Her pay breaks down to over $22,000/hour for her first 4 months at EM. A bit above average for a new hire.
Let’s see how quick they can make this next outsider a multi millionaire. Probably before she finishes her new hire orientation.
“ replacing Stephen Littleton, who has elected to retire after 30 years of service.”
Wrong. People at that level are told when to retire. He would loose million$ in RSU’s if he “elected” to retire.
Stephen was forced out for the sole purpose of installing an outsider.
Now just count the millions of dollars in stock the throw at his replacement.
How demoralizing for anyone left in Controllers/Tax/Treasurers.
ExxonMobil reported that Jennifer Driscoll has been appointed vice president of investor relations, effective Feb. 7, replacing Stephen Littleton, who has elected to retire after 30 years of service.
About Driscoll:
Driscoll joins ExxonMobil from Caterpillar, Inc., where she was director of investor relations since 2019. Previously, Driscoll held senior investor relations positions at DuPont de Nemours, Inc., Campbell Soup Company and Best Buy Co., Inc.
Driscoll began her career with Dain Rauscher, which was later acquired by RBC Capital Markets. She holds an MBA from the University of St. Thomas in Saint Paul, Minnesota.
Anyone qualified already quit
Snake is learning survival skills fast