I'm sure Darren spent the majority of his weekend with his prep team for his upcoming forum and will spend the next couple days rehearsing in front of his bathroom mirror. The majority of us will only get to see the video of it which could possibly be edited if any tough questions make it through or if Darren makes more id–tic comments like he did at the Houston Campus. I'm sure his statements will be generalized so he doesn't have to take the wrap or do any of the dirty work that lies ahead. That will all be done by his yes men to handle. Maybe he'll announce he is out or maybe we can vote to have him PIP'd. His would be the only non-fake PIP because as employees we all know that the state of this company is a direct result of our so-called leaders. They are fully responsible but take no responsibility. Instead they create this fake illusion as if it is low performing employees to blame.
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Well our “genius” chose not to conserve cash and made the call to use bonds moneys to pay dividends.. now while you queue up for your unemployment benefits, remember remember who got us into a NASTY situation..
@ecg+17v8ruVz It's not just DW's executives trying to counter the bad PR. P&GA and Human Resources are also in the game trying to put out the fire on sites like this. But it won't work.
I'll bet that many people who were were put on PIP or took PIL will feel free to talk in a couple of weeks when they don't have to worry about survival or losing the last PIL paychecks. The volume will only increase. Try drowning out those voices!
Give a close look during the performance.
Recent orders placed from HQ for:
https://www.indiamart.com/proddetail/meticulous-male-white-rings-head-mannequins-11103818688.html
Maybe he will announce that he is taking a retention bonus to stay for longer.
I wonder who put negative vote on OP. lol Darren don't you have better things to do. Go have your executives shine your shoes a little more.
CEO Darren Woods so far has purchased 500 (Finviz) (2858 Nasdaq site) shares of Exxon in open Market as of Feb 2020, while he talks of long term play and commodity cycles with conviction on CNBC. Hardly a pocket change for him while he talks of Cyclical nature of business. Why he and other Sr. Execs of Exxon Mobil not purchasing 1 Million shares each and show conviction, put money where mouth is! so far only Andrew Swiger and Neil Duffin have purchased 30K shares each much more than CEO Darren (leader of the pack) with 500 shares! Until I see strong conviction buys in open market by the Executives I am not averaging down. Yes I am a shareholder of Exxon Mobil. Meanwhile Exxon Mobil Investment Mgmt Research has been selling XOM at low prices why?? do they not know better http://www.j3sg.com/Reports/Stock-Insider/Generate-Institution-Portfolio.php?DV=yes&institutionid=3290.
https://www.nasdaq.com/market-activity/stocks/xom/insider-activity. Also AUM under Exxon Investment Research Mgmt have declined from $15-16B to $.3.5B. It’s fillings are now hard to find. Check out fintel or whalewisdom. Darren Woods gets 25% raise in 2019 while XOM Mkt cap gets cut in half and gets booted out of DJIA while an APC engineer who makes additional $35Million/year does not get a penny in bonus no raise for 7 years of more and ranked at bottom 20%. Happens Only in Exxon Mobil under the excuse of 360 degree evaluation! https://www.dallasnews.com/business/energy/2020/04/10/exxon-mobil-ceo-darren-woods-got-a-25-pay-raise-in-2019/
Safe Harbor info: https://ieefa.org/wp-content/uploads/2016/10/Red-Flags-on-ExxonMobil-XOM-A-Note-to-Institutional-Investors_October-2016.pdf
Do not make any brash decisions get info https://contactdirectors.exxonmobil.com/
There won’t be tough questions because they took away anonymity. Rehearsing is not required because he will read from a teleprompter.
Totally agree. However, there is no way to pip him or fire him unless the board decides to do so though. The only thing we can do is to make the so called pip process less quiet so people outside the company would know how dirty inside the company is.