Exxon Taps Low Carbon Chief to Lead Key Oil and Gas Division (1)

Exxon Mobil Corp. named Dan Ammann as head of its upstream oil and gas business, putting its low carbon president in charge of its most profitable division.

Ammann will replace Liam Mallon, who on Feb. 1 retires after 34 years with Exxon, the Spring, Texas-based company said in a statement. Ammann joined Exxon in 2022, making him a relative newcomer to the executive team, which was historically dominated by lifelong employees with an engineering background.

Dan Ammann

Photographer: David Paul Morris/Bloomberg

The appointment is the latest example of Chief Executive Officer Darren Woods bringing outsiders into his inner circle as he pushes to ...