Dan Ammann ExxonMobil Bio Wiki Age Cruise CEO Salary and Net Worth
Dan Ammann is a popular New Zealand business executive who is the head of ExxonMobil Low Carbon Solutions. Previously, Dan worked as the CEO of Cruise, having worked as the President of General Motors (GM) between 2015 and 2019. He joined GM as Treasurer after its 2009 bankruptcy and also worked as the company’s CFO.
Before joining GM, Dan worked as a managing director and head of industrial investment banking for Morgan Stanley. He started his career as an investment banker, beginning at Credit Suisse First Boston in 1993. In 2004, Dan worked as a managing director and head of industrial investment banking for Morgan Stanley.
Dan was born in 1972, in Eureka, New Zealand. He is51 years old.
He is a man of above-average stature. Dan stands at a height of5ft 10 in( Approx. 1.75m ).
He was born and brought up in Eureka, a rural area outside of Hamilton, New Zealand. Presently, Dan has not disclosed any details regarding either his parents or if he has siblings.
Dan is married to his wifePernilla Ammannofficer and partner in an advertising agency that got around $600,000 for services provided to a GM subsidiary in 2011. The couple has two children named Philippa and Katarina. In 2016, Dan and Pernilla bought the historic Alfred J. Fisher mansion in Palmer Woods.
After completing his primary and high school education, Dan attended the University of Waikato. In 1994, Dan graduated with a bachelor of management studies.
In 2022, ExxonMobil reported that Dan had joined them as the head of the company’s low-carbon solutions division. ExxonMobil’s CEO Darren Woods said they welcome Dan to ExxonMobil and will use his knowledge and experience to proceed to build their Low Carbon Solutions business.
In 2010, Dan joined General Motors (GM)as the company’s treasurer after the company’s bankruptcy restructuring. In November 2010, Dan managed GM’s initial public offering. In 2011 Dan became the company’s CFO. In addition to assisting lead GM’s automotive business, Dan also led GM Financial. Later on, Dan worked as executive vice president of GM, prior to becoming the company’s president in January 2014. Following Dan becoming president of GM, the New Zealand Herald wrote that he had become “one of the most powerful Kiwi businessmen in the globe”. As of 2014, Dan was also one of GM’s few test drivers certified to drive at the Nürburgring.
As president, Dan led product groups such as Chevrolet, Cadillac, and Cruise. In 2018, Dan changed the leadership of the Cadillac brand to GM product chief Mark Reuss so as spend more time focusing on Cruise. Dan helped guide the 2016 acquisition of Cruise and was finally closely involved with its leadership, developing the company from 40 to around 1,000 employees. During his time, Dan led GM to transition its focus to electric and automated vehicles. In 2016, Dan joined the Lyft board of directors when GM invested $500 million in the company. He left the board two years afterward.
Dan worked as the President of GM until 1 January 2019, when he was appointed the CEO of Cruise, the self-driving automobiles division of GM. As CEO of Cruise, Dan also remained a member of the GM CEO’s leadership team. Dan departed Cruise in December 2021 without explanation from GM or Cruise.
In 1997, Dan relocated to New York City in and continued to serve for Credit Suisse until moving to Morgan Stanley in 1999. In 2004, Dan was given the role of managing director and head of industrial investment banking for Morgan Stanley. At Morgan Stanley, Dan served with clients in the technology, service, as well as manufacturing industries, helping with mergers, acquisitions, raising capital, and restructuring. He worked also as the lead advisor on GM’s bankruptcy reorganization.
He earns a satisfying amount from his work as a business executive who is the Head of ExxonMobil Low Carbon Solutions. Dan’s salary is$250,800per year.
Dan gets his wealth from his work as a business executive who is the Head of ExxonMobil Low Carbon Solutions. Therefore, Dan has accumulated a decent fortune over the years. Dan’s net worth is$20 million.
Dan is a 51-year-old who was born in 1972, in Eureka, New Zealand.
Dan is a man of above-average stature who stands at a height of5ft 10 in( Approx. 1.75m ).
He is a New Zealand business executive who worked as CEO of autonomous vehicle company Cruise since 2019, shifted to ExxonMobil, where he will be leading a new business focused on commercializing low-emission business opportunities in carbon capture and storage, hydrogen and low-emission fuels, as per a statement from ExxonMobil.
