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Management Decision

Exxon Mobil Appoints Joseph L. Hooley to Board of Directors

| Editor: Ahlam Rais

With the election of Joseph L. Hooley, the Exxon Mobil board stands at 11 directors, 10 of whom are non-employee directors.
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With the election of Joseph L. Hooley, the Exxon Mobil board stands at 11 directors, 10 of whom are non-employee directors. (Source: Deposit Photos)

Joseph L. Hooley will join Exxon Mobil’s Board of Directors from January 1, 2020. Prior to joining the firm, Hooley was the chief executive officer and non-executive board chairman of State Street Corporation.

Irving/Texas – With the election of Joseph L. Hooley, the Exxon Mobil board stands at 11 directors, 10 of whom are non-employee directors. Hooley’s previous experience leading a large global financial services organisation, along with operational and risk management expertise, will bring valuable skills to the Exxon Mobil board. State Street is one of the world’s leading providers of financial services to institutional investors, including investment servicing, investment management and investment research and trading.

Hooley became CEO of State Street in March 2010 and served in the role for eight years. He became board chairman in 2011 and serves as the non-executive chairman until his expected retirement as a director at year-end. He previously served as State Street’s president and chief operating officer. Prior to that, Hooley held several senior management positions at the company.

He is a director on the board of Boys & Girls Clubs of Boston and serves as a board director for Liberty Mutual Insurance. He received a bachelor’s degree from Boston College.

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