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ExxonMobil Production Company president Tom Walters announced on Monday that he will retire after over 30 years at the company.

In a statement, Exxon said Walters will retire at the start of the year after more than 38 years of service.

Walters joined Exxon USA in 1978 and held a variety of technical and managerial positions in production, operations, development and global services.

Walters was appointed vice president, United States, for ExxonMobil Production Company in 2002.

He became president of ExxonMobil Gas & Power Marketing Company in 2009 and was appointed to his current role as president of ExxonMobil Production Company in 2013.

Neil Duffin, currently president of ExxonMobil Development Company, has been appointed president of ExxonMobil Production Company by the Exxon’s board of directors.

Duffin has also been elected to serve as a vice president of Exxon.

Duffin joined Mobil in 1979 in Aberdeen and held a variety of managerial positions in production, operations and development before being elected as president of ExxonMobil Development Company in 2007.

Liam Mallon, currently executive vice president of ExxonMobil Development Company, has been elected president of ExxonMobil Development Company by its board of directors.

Mallon joined Mobil in 1990 in Aberdeen and has served as an operations manager in Nigeria and Australia.

In 2004, Mallon was appointed president of ExxonMobil Canada in 2004 and was appointed to his current role in 2014.

All changes are effective January 1, Exxon said.