Karl Schmalz, formerly an Assistant General Tax Counsel for Exxon Mobil Corporation responsible for federal tax legislative matters, retired in 2013 with over 33 years of company service and almost 38 years of practicing tax law and planning in the oil and gas industry. Karl is currently serving as a Senior Advisor to the International Tax and Investment Center (ITIC). In this role, he provides technical assistance to ITIC’s Oil and Gas Taxation and Regulatory Dialogue.
Karl grew up in Massachusetts, graduated from Princeton University with a degree in Economics, and received his law degree from the University of Texas in 1975-- the same year he joined Exxon, based in Houston.
Karl worked in various assignments and locations with Exxon, now ExxonMobil, and with the Atlantic Richfield Company over his career, including working in Exxon's Far East Division (which included an assignment in Australia for two years), the U.S. domestic operating division (Exxon USA), the Chemicals Division, and the Exxon Corporation Headquarters in New York, ARCO Oil and Gas Company, and the ExxonMobil Headquarters based in Dallas.
Former Assistant General Tax Counsel, Exxon Mobil Corporation