Exxon Mobil adds first woman top-tier executive with external CFO hire

By Jessica Resnick-Ault, Sabrina Valle and Devika Krishna Kumar

(Reuters) -Exxon Mobil Corp’s new chief financial officer Kathyrn Mikells is the first woman and external hire to join the oil major’s management committee, as energy firms search to diversify their workforce in response to investor pressure.

Exxon has faced pressure from investors to shake up its leadership in the executive suite and its board of directors after years of poor returns and as other global oil majors invest more heavily in the energy transition.

Mikells is the first woman and first external hire to enter Exxon’s uppermost echelon. Up until now, its cadre of senior vice presidents has remained dominantly male and internally sourced, with all four members of the current management committee having spent two decades or more with the company, according to its website.

“We welcome Kathy to Exxon Mobil and look forward to the perspective and experience she brings as we work together to deliver on our strategies and increase shareholder value,” Chief Executive Darren Woods said in Monday’s release.

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