Exxon Mobil Files 8-K: Director Changes and Debt Maturities

TL;DR

XOM filed an 8-K: board changes and debt due soon. Keep an eye on those maturities.

AI Summary

Exxon Mobil Corporation (XOM) filed an 8-K on May 31, 2024, reporting on the departure of directors, election of new directors, and changes in officer compensation. The filing also includes information on the submission of matters to a vote of security holders, specifically related to various debt issuances maturing in 2024, 2028, 2032, and 2039.

Why It Matters

This filing provides transparency on corporate governance changes and upcoming debt obligations, which are crucial for investors assessing the company's stability and financial health.

Risk Assessment

Risk Level: low — The filing primarily concerns routine corporate governance updates and debt maturity schedules, which are standard disclosures and do not indicate immediate significant risks.

Key Numbers

• 2024 — Debt Maturity Year (Notes due in 2024 are listed.)
• 2028 — Debt Maturity Year (Notes due in 2028 are listed.)
• 2032 — Debt Maturity Year (Notes due in 2032 are listed.)
• 2039 — Debt Maturity Year (Notes due in 2039 are listed.)

Key Players & Entities

• EXXON MOBIL CORP (company) — Filer
• 0000034088 (company) — Central Index Key
• 20240531 (date) — Filing Date
• 20240529 (date) — Report Date

FAQ

Filing Documents

• xom-20240529.htm (8-K) — 91KB
• 0000034088-24-000036.txt ( ) — 277KB
• xom-20240529.xsd (EX-101.SCH) — 4KB
• xom-20240529_def.xml (EX-101.DEF) — 17KB
• xom-20240529_lab.xml (EX-101.LAB) — 31KB
• xom-20240529_pre.xml (EX-101.PRE) — 18KB
• xom-20240529_htm.xml (XML) — 6KB

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders (a), (b) Exxon Mobil Corporation (the "Company," "ExxonMobil," "we," or "our") held its Annual Meeting of Shareholders on May 29, 2024. At the meeting, the matters set forth below were submitted for a vote of security holders. As of the close of business on April 3, 2024, which was the record date for the Annual Meeting, 3,942,353,584 shares of ExxonMobil common stock, without par value ("Common Stock"), were outstanding and entitled to vote. Set forth below are the proposals voted upon at the Annual Meeting, and the final vote tabulation that certified the voting results as received from the Inspector of Election. Based on the results, at least 3,302,904,215 shares of Common Stock were voted in person or by proxy at the Annual Meeting, representing 83.8% percent of the shares entitled to be voted. Percentages are based on the total votes cast. Under the corporate law of New Jersey, where we are incorporated, abstentions are not counted as votes cast. 2 The final voting results for the proposals presented at the Annual Meeting were as follows: Proposal 1 – Election of Directors The shareholders elected each of the Board's twelve director nominees. The votes For and Against, as well as Abstentions and Broker Non-Votes, for each nominee are set forth below. Nominees Votes For % For Votes Against % Against Abstentions Broker Non-Votes Michael J. Angelakis 2,561,406,060 96.8 % 85,957,490 3.2 % 8,629,460 646,909,456 Angela F. Braly 2,504,926,838 94.6 % 143,368,816 5.4 % 7,689,371 646,909,456 Gregory J. Goff 2,553,087,153 96.4 % 94,632,409 3.6 % 8,275,197 646,909,456 John D. Harris II 2,574,327,842 97.2 % 73,046,147 2.8 % 8,619,181 646,909,456 Kaisa H. Hietala 2,560,110,346 96.7 % 87,539,262 3.3 % 8,342,785 646,909,456 Joseph L. Hooley 2,305,339,973 87.1 % 340,736,593 12.9 % 9,918,193 646,909,456 Steven A. Kandarian 2,554,375,314 96.5 % 92,856,263 3.5 % 8,761,493 646,909,456 Alexande

View Full Filing

View this 8-K filing on SEC EDGAR