ExxonMobil Elects Two New Members to Board of Directors
IRVING, Texas--(BUSINESS WIRE)-- Exxon Mobil Corporation (NYSE:XOM) announced today that shareholders elected two new members, Peter Brabeck-Letmathe and Jay S. Fishman, to its board of directors.
Brabeck-Letmathe is chairman of Nestle S.A. Fishman is chairman and chief executive officer of The Travelers Companies, Inc. With the additions, the ExxonMobil board stands at 11 directors, 10 of whom are non-employee directors.
Brabeck-Letmathe, 65, was appointed to his current position as chairman of Nestle in 2005. He also served as chief executive officer from 1997 to 2008. Since joining Nestle in 1968, Brabeck-Letmathe has held a number of key leadership positions including executive vice president, where he assumed worldwide leadership of strategic business groups in addition to his oversight of marketing, communications and public affairs.
Brabeck-Letmathe earned a Bachelor of Arts degree in economics from the University of World Trade in Vienna, Austria.
Fishman, 57, was appointed to his current position as chief executive officer of The Travelers Companies in 2004 and assumed the additional role of chairman in 2005. In these roles, he leads one of the largest property casualty insurance carriers in the United States.
Before assuming the role as CEO of Travelers, Fishman served as chairman, chief executive officer and president of The St. Paul Companies until its merger with Travelers in 2004. Prior to The St. Paul Companies, Fishman held several key executive posts at Citigroup.
Fishman earned a Bachelor of Science degree in economics, magna cum laude, from the University of Pennsylvania in 1974 and a Masters of Science degree in accounting from the Wharton School of Business, University of Pennsylvania, also in 1974.
Exxon Mobil Corporation
Exxon Mobil Corporation, the largest publicly traded international oil and gas company, uses technology and innovation to help meet the world's growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is the largest refiner and marketer of petroleum products, and its chemical company is one of the largest in the world. For more information, visit www.exxonmobil.com.
Source: Exxon Mobil Corporation
Released May 26, 2010