TMC Announces Appointment of Liam Mallon, Former President of ExxonMobil Upstream, to its Board of Directors
Key Highlights
- ➤Liam Mallon appointed to TMC’s (TMC) Board of Directors
- ➤Mallon oversaw $20–30 billion in annual capital deployment at ExxonMobil
- ➤Mallon will lead TMC’s Sustainability and Innovation Committee
- ➤NOAA published TMC USA-A’s consolidated exploration and commercial recovery application
- ➤NOAA began environmental-impact review for TMC USA-B exploration application
Expert Statements
Liam Mallon, Former President of ExxonMobil Upstream Company
“TMC is leading a new offshore critical minerals industry from concept, exploration and technology demonstration to commercial operations. I have spent much of my career developing complex and unconventional resources in challenging environments on land and at sea, and building the organizations to operate them safely and reliably at scale. Bringing that experience to TMC as it prepares to establish the world’s first commercial subsea mining operation on the high seas is a compelling opportunity. I look forward to supporting the team through this next phase.”
Gerard Barron, Chairman & CEO of TMC
“Liam brings the experience that matters as we prepare for commercial operations: delivering complex offshore projects and overseeing major capital investment. His perspective will strengthen our Board’s oversight of execution, capital allocation and risk as we work to translate our resource opportunity into long-term shareholder value. We are building the capabilities to deliver, and Liam’s appointment is an important step forward.”
* Liam Mallon, former President of ExxonMobil Upstream Company, brings over 40 years of global energy and offshore operating experience, including leadership of ExxonMobil’s worldwide upstream business * Mallon oversaw $20–30 billion in annual capital deployment and major U.S. shale and offshore deepwater growth initiatives, including ExxonMobil’s landmark Guyana development and $60 billion Pioneer Natural Resources acquisition * His appointment strengthens TMC’s Board at a pivotal stage as the Company prepares to launch the world’s first commercial-scale deep seabed mineral operations to advance U.S. mineral independence NEW YORK, Sept. 29, 2026 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (“TMC”, “The Metals Company” or the “Company”), a leading developer of the world’s largest resource of critical metals essential to energy, defense, manufacturing, and infrastructure, today announced Liam Mallon’s appointment to its Board of Directors as it advances plans for commercial recovery of polymetallic nodules in international waters under the U.S. Deep Seabed Hard Mineral Resources Act of 1980 and its implementing regulations administered by the National Oceanic and Atmospheric Administration (“NOAA”).
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