Who is Exxon Mobil appointing as head of global trading, and what is known about his background?

Exxon Mobil is set to appoint Alex Volkov as head of global trading, according to two sources with knowledge of the matter. Volkov, based in Texas, has spent nearly three decades at Exxon, holding roles across the U.S., Russia, and London, and has served as a vice president in several areas including global LNG marketing, upstream commercial, strategy and business development, and currently in commercial and integration.

Why is there leadership change in Exxon's global trading division, and who is stepping down?

The leadership change follows the impending retirement of Tracey Gunnlaugsson, who has led the trading division since 2023, as reported by Reuters citing sources; Exxon declined to comment on the matter. Additionally, David Brown, an international crude trader, is also retiring from Exxon, according to three sources.

Exxon Mobil Set to Appoint Alex Volkov as Head of Global Trading, Sources Say

Jun 12, 2026

Exxon Mobil plans to name Alex Volkov head of global trading following Tracey Gunnlaugsson's retirement, amidst reports of a $3.9 billion quarterly paper loss from derivatives.

reuters

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