ExxonMobil announced that Jim Chapman has been appointed vice president, Tax and Treasurer, effective November 28, 2022. Jaime Spellings, who had worked for the company for 31 years, was replaced by Chapman.

“We welcome Jim Chapman to the company and look forward to working with him. Jim brings a breadth of capital market and functional experience that we will put to good use as we continue to position ExxonMobil for a leading role through the energy transition,” said Kathy Mikells, ExxonMobil senior vice president and chief financial officer. “We thank Jaime for more than three decades of service to ExxonMobil and wish him all the best in his retirement.”

Chapman previously worked at Dominion Energy, Inc., where he was executive vice president and chief financial officer since 2018. He now works for ExxonMobil. He previously held the role of senior vice president and treasurer at Dominion. He previously held a number of senior finance jobs at Lehman Brothers and Barclays Investment Bank in Asia and the US. Chapman began his career with Ernst & Young in Russia. He graduated from Auburn University with a bachelor’s in history and political science and from the University of Virginia’s Darden School of Business with a master’s in business.

Spellings was chosen as vice president of Tax and Treasurer’s in 2020 after being appointed general tax counsel in 2010. He started working with Exxon Company USA in 1991, and since then, he has held managerial roles with increasing levels of responsibility in the areas of planning, tax, and finance, including positions in Thailand, the UK, and the US. Spellings received a bachelor’s degree in business and economics from the University of Pennsylvania Wharton School of Business and a J.D. from the University of Texas at Austin.