BRIEF-Exxonmobil Will Establish A Global Business Solutions (GBS) Organization

Reuters2023-02-10

Feb 9 (Reuters) - Exxon Mobil Corp :

* EXXONMOBIL - EFFECTIVE MAY 1, WE WILL ESTABLISH A GLOBAL BUSINESS SOLUTIONS $(GBS)$ ORGANIZATION - MEMO

* EXXONMOBIL - LATER THIS YEAR, A NEW GLOBAL TRADING ORGANIZATION WILL BE ESTABLISHED, GLOBAL TRADING $(GT)$

* EXXONMOBIL - ALSO ON MAY 1, TO CREATE NEW SUPPLY CHAIN ORGANIZATION, EXXONMOBIL SUPPLY CHAIN (EMSC)

* EXXONMOBIL - CHANGES ARE NOT ABOUT HEADCOUNT REDUCTIONS

* EXXONMOBIL - WANT OUR EXPERTS, ENGAGED IN PERHAPS SIMILAR EFFORTS BUT SPREAD OUT ACROSS THE COMPANY, TO NOW OPERATE AS A COHESIVE TEAM

* EXXONMOBIL - WANT SIMPLER PROCESSES AND MORE MODERN TOOLS THAT ALLOW US TO WORK MORE QUICKLY AND WITH LESS FRUSTRATION, AT LOWER COST

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