Listen Live
    This file photo taken on June 02, 2015, shows Exxon Mobil Chairman and CEO Rex Tillerson addressing the World Gas Conference in Paris

    Exxon Mobil CEO Tillerson to Step Down on January 1

    © AFP 2019 / ERIC PIERMONT
    US
    Get short URL
    0 57
    Subscribe

    Exxon Mobil chief Rex Tillerson, nominated for US secretary of state, will retire and hand over his position to the corporation's current president Darren Woods on January 1, the company said in a press release.

    WASHINGTON (Sputnik) — President-elect Donald Trump announced his nomination of Tillerson as secretary of state on Tuesday, which sparked vigorous debates over his business-related connections to Russia. Trump's nomination is subject to review by the US Senate.

    "After consideration, Tillerson concluded, and the board agreed, that given the significant requirements associated with the confirmation [for secretary of state] process, it was appropriate to move the retirement date [originally scheduled for March]," the release stated on Wednesday.

    Exxon Mobil praised the 65-years-old for "generating value for shareholders" improving the corporation’s image around the world during more than 41 years of service.

    According to the release, Tillerson joined Exxon back in 1975 as a production engineer. Since then, he held different senior positions and was elected chairman and chief executive officer of Exxon Mobil in January 2006.

    Never miss a story again — sign up to our Telegram channel and we'll keep you up to speed! https://telegram.me/sputniknewsint

    Related:

    Tillerson May Bring Pragmatism to Foreign Policy - Russian Upper House Speaker
    Tillerson's Nomination Shows Growing 'Business Representation' in US Gov't
    Tillerson is 'the Most Interesting Choice' for US State Sec Since the Cold War
    Tags:
    ExxonMobil, US Senate, Donald Trump, Rex Tillerson, United States
    Community standardsDiscussion
    Comment via FacebookComment via Sputnik