ExxonMobil to Consolidate Two Divisions Into One
IRVING, Texas -- ExxonMobil Corp. is expected to approve the consolidation of its ExxonMobil Fuels Marketing Co. and ExxonMobil Lubricants & Petroleum Specialties Co. into the newly combined ExxonMobil Fuels, Lubricants & Specialties Marketing Co. Once approved, the transaction will become effective Feb. 1.
ExxonMobil's board of directors also plans to name A.J. (Alan) Kelly as president of the consolidated company. Kelly currently serves as president of the ExxonMobil Lubricants & Petroleum Specialties Co.
Kelly, who was raised in the United Kingdom, joined ExxonMobil in 1981. He’s held a variety of positions with the company in four different countries.
As CSNews Online reported on Nov. 28, the current president of ExxonMobil Fuels Marketing Co., Harold R. Cramer, will retire Feb. 1. He served ExxonMobil for more than 38 years.