Who is Exxon's former head of US gas and power trading, and where is he going?

Jon Jaye, Exxon Mobil Corp.'s head of US gas and power trading, is joining Expand Energy Corp., the largest US gas producer, after nearly 16 years with Exxon.

What broader trend does Jaye's move reflect within Exxon's trading unit?

Jaye's departure is part of a broader wave of exits from Exxon's US natural gas trading unit, including Jonathan Sadik (head of natural gas financial trading, also joining Expand), Chris Giddings and Clay Patterson (joining ConocoPhillips), and Collin Link (joining Freepoint Commodities LLC), reflecting challenges in retaining top traders amid Exxon's more conservative trading culture and compensation structure compared to rivals.

Exxon’s Top US Gas Trader Joins Expand Energy Amid Staff Exits

Jun 26, 2026

Exxon Mobil’s head of US gas trading Jon Jaye joins Expand Energy Corp., following several other departures from its trading unit. Competitors are poaching talent as Exxon seeks to expand its division amidst high turnover in the energy sector.

bloomberg

2026-06-26

Exxon’s Top US Gas Trader Joins Expand Energy Amid Staff Exits

Exxon’s Top US Gas Trader Joins Expand Energy Amid Staff Exits

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