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Get filing alertsExxon Mobil names Susan Buchanan as Chief Accounting Officer, replacing retiring Len Fox
Filed May 4, 2026 · Period ending April 28, 2026 · ~1 min read
Key Changes
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Principal accounting officer Len Fox retiring July 1, 2026 after serving as VP, Controller and Tax; planned succession with replacement already named.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Susan Buchanan, 44, elected VP and Chief Accounting Officer effective July 1; currently leads Global Business Solutions and has extensive Upstream and Treasury/Controller experience.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
Summary
Exxon Mobil disclosed a planned leadership transition in its finance organization. Len Fox, who serves as Vice President, Controller and Tax and holds the principal accounting officer role, announced his retirement effective July 1, 2026. The company has already named his successor: Susan Buchanan will step into the newly titled role of Vice President and Chief Accounting Officer on the same date.
Buchanan brings relevant credentials to the position. She currently leads ExxonMobil Global Business Solutions and previously held senior roles in Upstream strategy and business development. Her background includes prior experience in the company's Treasury and Controller functions, providing continuity in financial oversight.
For investors, this represents an orderly succession with no indication of unexpected departure or accounting concerns. Watch for Buchanan's first quarterly earnings call participation in her new role, which will offer insight into her communication style and priorities as the company's principal accounting officer.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On April 28, 2026, Len M. Fox, Vice President, Controller and Tax (principal accounting officer) of the Corporation, announced his intention to retire effective July 1, 2026.
Len M. Fox, who serves as Vice President, Controller and Tax and holds the principal accounting officer role, announced his retirement effective July 1, 2026. This is a planned departure with a successor already named.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
Ms. Buchanan, age 44, has served as President of ExxonMobil Global Business Solutions since February 2026. She previously served as Vice President, Strategy and Business Development for ExxonMobil Upstream from October 2023 to February 2026 and as General Manager of the U.S. Conventional Upstream Business from November 2022 to October 2023. Prior to that she served as Manager, Upstream Strategy beginning in April 2021 and held a variety of positions within the Corporation’s Treasurers and Controllers functions.
Susan Buchanan brings diverse operational and financial experience to the principal accounting officer role. Her background includes recent leadership in Global Business Solutions, Upstream strategy and business development, and prior roles in Treasury and Controller functions, providing continuity and relevant expertise for the position.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 17, 2026 · How we verify