ExxonMobil completes redomiciliation from New Jersey to Texas; entire board resigns

Filed July 1, 2026 · Period ending July 1, 2026 · ~1 min read

Key Changes

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  All twelve directors, including CEO Darren Woods, resigned and were replaced by three new directors elected by ExxonMobil Holdings Corporation as sole shareholder; all named executive officers ceased their roles.

  Item 3.03 — Material Modification to Rights of Security Holders verify on EDGAR →
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  ExxonMobil reduced authorized common stock from 9 billion shares to 100 shares and limited board size to 3-5 directors, indicating a transformation to a holding company structure.

  Item 5.03 — Amendments to Articles of Incorporation or Bylaws verify on EDGAR →
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  Shareholders received one share of new Texas entity for each share held; trading continues under XOM ticker starting July 2, 2026, after one-day suspension.

  Item 2.01 — Completion of Acquisition or Disposition of Assets verify on EDGAR →