Image via Yahoo Finance
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ExxonMobil: Geographic Expansion
ExxonMobil to develop South Africa's first LNG import terminal at Port of Richards Bay
Source: Yahoo Finance
The leadership read
Market entry of this kind typically deepens demand for energy leadership bench strength in the region over the following 12–18 months.
Market context: MitchelLake's Talent Market Index sits at 108 (Hot), up 2.4 on the prior month; EMEA hiring signal is running easing (-8.7pts).
ExxonMobil: 1 signal in the last 90 days — in line with the Energy median of 1 across 22 tracked companies; 0.1% of MitchelLake's EMEA signal flow.
Market entry — the MitchelLake playbook
When a company expands into a new market, the first leadership hires decide whether it lands. A selection of market entries we've run:
Market entry · Oceania
Square
Executive Search Fintech
Market entry
Dropbox
Executive Search for SaaS
Market entry · Asia
Deliveroo
Executive Search in ASEAN
Market entry · Oceania
SurveyMonkey
Managing Director APAC (first hire in region) / Country Manager
Market entry · Asia
LivePerson
Director ASEAN (first hire in region); also Head of Presales APAC
Market entry · Oceania
Etsy
Managing Director, Australia + Asia (MD APAC)
MitchelLake in this thematic
More signals across Energy
Geographic Expansion · EMEA
S&P Global Energy →S&P Global Energy expanded cement, clinker and SCM price assessment coverage with sixteen new Platts price assessments across Europe, Asia and the Americas
Strategic Hiring · EMEA
National Grid →National Grid is engaging the market on a major 5-year electricity infrastructure partnership framework covering substation construction, cabling and overhead line works ahead of the next electricity distribution price control period.
Ma Activity · EMEA
Siemens Energy →Siemens Energy acquiring Camlin Group, a Northern Ireland-based grid monitoring and transformer analytics software company, to strengthen renewable energy grid integration capabilities
Leadership Change · EMEA
M Group →M Group appoints Andrew English as managing director of energy infrastructure division, signaling strategic focus on energy sector
Capital Raising · EMEA
Ofgem →Ofgem and Innovate UK launched Strategic Innovation Fund (SIF) with £500 million in funding for energy network innovation projects across five key challenge areas, opening applications May 26
Ma Activity · EMEA
OVO →Mayfair Equity Partners selling OVO retail energy business to EON, including operating company, retail customers, and brand name
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