Succession planning is the most important part of MW’s job. Our bench is weak and not obviously improving. Who are going to be the next in command when the opco leaders retire? They’re long in the tooth and the options are not great.
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We have a concept of a succession plan.
Merge with OXY. Let Vicki be CEO.
They supposedly have an executive development leader and team who are strengthening the bench? by showing leaders what leadership actually means.....? Good luck to them!!!.
We have a success problem.
OPCO leaders returning will make a difference. Please.... that is the problem. These people are useless and in a majority of cases (think JG for example) are only ambitious inexperienced egocentric humans that sold the bill it it was time for a full on crew change in 2020 so they could get their trophies. They were the bones that needed so much mentoring like our proud and successful company has always done. Unfortunately they were in too much of a hurry and too arrogant to see why they were not ready. Sorry - it has severely cost the company in so many ways. The culture can not be recovered. The people they need are still young enough to come back bit its way to late. Mike W had no clue about he bill of goods he was sold. SAD that a legacy company will go away. Mike your kdac moment is coming.
OP; Calling the current Opco Presidents “leaders” is a bit of a lean forward. I would hardly call them “leaders”. Look, we all know that the game at the GLF level is to only promote into those positions the molds that “look like me, talk like me, and don’t push back on me”. It makes for mediocrity and that is what you see in the company’s performance. It’s not the 39,000 people that are failing the top 100, it is the other way around friends……
Agreed. It is really difficult to find another incompetent CEO with a band of parroting stooges.
Exxon is hoping to weaken us to the point they can gobble us up. It is coming.
I disagree with OP, we have exactly the right incapable, incompetent, delusional people who would fit the exact mindset the company has to execute and continue the same miserable path, Houston, we have no succession problem!
he is trying to juice a few more years for his stock options
https://www.reuters.com/business/energy/chevron-appoints-eimear-bonner-new-finance-chief-2023-07-23/
Maybe MW will be the last, appears as though they are prepping company to be sold.