Exxon Mobil Corp.named Joseph L. Hooley to its board of directors, effective 1 January. Hooley currently serves as the nonexecutive board chairman of State Street Corp. and was its CEO from 2010 to 2018. His previous experience leading a large global financial services organization, along with operational and risk management expertise, will bring valuable skills to the ExxonMobil board, the company said. State Street is a provider of financial services to institutional investors, including investment servicing, investment management, and investment research and trading. Hooley became CEO of State Street in March 2010 and served in the role for 8 years. He became board chairman in 2011 and serves as the nonexecutive chairman until his expected retirement as a director at year-end. He previously served as State Street’s president and chief operating officer. Prior to that, Hooley held several senior management positions at the company. He is a director on the board of Boys & Girls Clubs of Boston and serves as a board director for Liberty Mutual Insurance. He holds a bachelor’s degree from Boston College.
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