ExxonMobil Low Carbon Solutions President Dan Ammann briefed Members of Congress at an ICCF-hosted event on April 18th.
ExxonMobil Low Carbon Solutions President Dan Ammann briefed Members of Congress at an ICCF-hosted event on April 18th.
ExxonMobil Low Carbon Solutions is focusing on carbon capture and storage, hydrogen, and second-generation biofuels, working to bring lower-emission technologies to market, and making them accessible to hard-to-decarbonize industries worldwide.
According to Ammann, the Low Carbon business could outgrow ExxonMobil’s oil business, telling Reuters,
"This business is going to look quite a bit different than the base business of Exxon Mobil. It is going to have a much more stable, or less cyclical, profile."
Dan Ammann took over as President of ExxonMobil Low Carbon Solutions in May 2022. Ammann previously served in several capacities at GM, including as CEO of Cruise and president, CFO, and treasurer of GM. Ammann began his career as an investment banker, starting at Credit Suisse First Boston in 1994 and moving to Morgan Stanley in 1999, where he was named a managing director in 2005. Ammann received a bachelor's degree in management studies from the University of Waikato in New Zealand.
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