leadership
confidence high
sentiment neutral
materiality 0.35
TMC adds ex-ExxonMobil Upstream president Liam Mallon to board; director Brendan May resigns
TMC the metals Co Inc.
- Liam Mallon, who retired in 2025 as President of ExxonMobil Upstream Company and VP of Exxon Mobil Corporation, joins TMC's board effective Sept 24, 2026.
- Mallon will chair the Board's Sustainability and Innovation Committee; he is deemed independent under Nasdaq listing standards.
- Brendan May resigned effective Sept 24, 2026 after two years; TMC said the resignation did not result from any disagreement over operations, policies or practices.
- Mallon received 25,445 RSUs on Sept 25, 2026 plus a one-time grant of 77,720 RSUs on Sept 28, 2026; both vest in three equal annual installments.
- Mallon spent 35 years at Mobil/ExxonMobil, overseeing $20-30B in annual capital deployment, the Guyana development and the $60 billion Pioneer Natural Resources acquisition.