| Rex W. Tillerson | |
|---|---|
 |
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| Born | March 23, 1952 Wichita Falls, Texas, USA |
| Nationality | American |
| Alma mater | University of Texas at Austin |
| Occupation | Chairman & CEO at Exxon Mobil Corp. (2006-) |
| Salary | US$ 5,110,000 (2007) Total: US$ 16,726,742 (2007)[1] |
| Predecessor | Lee R. Raymond |
| Political party | Republican[2] |
| Spouse | Renda St. Clair[3] |
Rex W. Tillerson (born March 23, 1952, in Wichita Falls, Texas) is the current Chairman, President, and CEO of Exxon Mobil Corporation, positions previously held by Lee Raymond.[4]
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Education [link]
Tillerson graduated from Huntsville High School, Huntsville, Texas, in 1970. He received a Bachelor of Science in civil engineering from the University of Texas at Austin in 1975.[5] During his time at UT Austin, he was involved with the Tejas Club,[6] Longhorn Band,[6] and Alpha Phi Omega.[7] In 2006 he was named a Distinguished Engineering Graduate.[5]
Early career [link]
Tillerson joined The Exxon Company, U.S.A., in 1975 as an engineer. He held various positions with Exxon, domestically and internationally. In 1995, he became president of Exxon Yemen Inc. and Esso Exploration and Production Khorat Inc. In 1998, he became a vice president of Exxon Ventures (CIS) and president of Exxon Neftegas Limited with responsibility for Exxon's holdings in Russia and the Caspian Sea. In 1999, with the merger of Exxon and Mobil, he was named Executive Vice President of ExxonMobil Development Company.
Leadership of Exxon Mobil [link]
In 2004, he became president and director of Exxon Mobil and on January 1, 2006, he was elected chairman and chief executive officer (CEO), following the retirement of Lee Raymond. Tillerson is also a trustee for the Center for Strategic and International Studies and the American Petroleum Institute, and is a member of the Business Roundtable.
Tillerson recently re-established his authority during a shareholder meeting on May 28, 2008. The Rockefeller family sponsored a non-binding resolution to separate the CEO and chairman positions that Tillerson holds in order to maintain a system of checks and balances. The Rockefeller family also wanted Exxon Mobil to invest more in alternative energy. The resolution did not obtain the necessary majority and Tillerson held on to both job titles.
In 2009, Exxon Mobil acquired XTO Energy, a major natural gas producer, for $31 billion in stock. Some writers have stated that "Tillerson’s legacy rides on the XTO Deal.".[8]
In 2011 Tillerson signed an agreement with Russia, for drilling in the Arctic, that could be valued up to $300 billion.[9]
Personal life [link]
Tillerson is married and has four children. He lives in Irving, Texas.[10]
Scouting [link]
Tillerson earned the rank of Eagle Scout[11] in 1965.[12] At the time of his Eagle award, Tillerson was a Scout in Troop 820 sponsored by the First Presbyterian Church in Stillwater, Oklahoma. In 2009, he was inducted into the Eagle Scout Hall of Fame of the Greater New York Councils.[13] He was awarded the Silver Buffalo Award in 2010 and appointed as the National President of the Boy Scouts of America on May 23, 2010.[14][15]
Notes [link]
- ^ Reuters. https://www.reuters.com/finance/stocks/officerProfile?symbol=XOM.N&officerId=191865.
- ^ "Rex W Tillerson profile". LittleSis. Public Accountability Initiative. https://littlesis.org/person/1045/Rex_W_Tillerson. Retrieved 23 January 2012.
- ^ Cordon, Matthew C.. "Rex W. Tillerson 1952— Biography". Encyclopedia of Business, 2nd ed.. Advameg. https://www.referenceforbusiness.com/biography/S-Z/Tillerson-Rex-W-1952.html#b. Retrieved 23 January 2012.
- ^ https://www.exxonmobil.com/Corporate/about_who_mgmt_rwt.aspx, ExxonMobil
- ^ a b "2006 Distinguished Engineering Graduate: Rex W. Tillerson, B.S.C.E. 1975, Chairman and CEO, Exxon Mobil Corporation". Cockrell School of Engineering, University of Texas. https://www.engr.utexas.edu/alumni/groups/distgrads/2006/tillerson.cfm.
- ^ a b Barnhill, Ted. "Distinguishing Features: The Distinguished Alumni of 2007". The Alcalde. Texas Exes. https://www.texasexes.org/alcalde/feature.asp?p=2805. Retrieved 22 January 2012.
- ^ "Torch Talk". Torch & Trefoil. Alpha Phi Omega. https://www.apo.org/site/site_files/tnt/2010_fall.pdf. Retrieved 22 January 2012.
- ^ Corkery, Michael (14 December 2009). "King Rex Tillerson’s Legacy Rides on the XTO Deal". Wall Street Journal. https://blogs.wsj.com/deals/2009/12/14/rexs-legacy-rides-on-xto-deal/tab/article/. Retrieved 2010-01-26.
- ^ Trefgarne, George (August 31, 2011). "Vladimir Putin plays for high stakes in the oil game". London: The Telegraph, Great Britain. https://www.telegraph.co.uk/earth/energy/oil/8733104/Vladimir-Putin-plays-for-high-stakes-in-the-oil-game.html. Retrieved Sept 20, 2011.
- ^ Forbes profile accessed March 2012
- ^ "Teaching Leadership: Scouts Honor". Forbes. September 2007. https://www.forbes.com/2007/09/04/mazzuca-ceos-leaders-lead-citizen-cx_mk_0904scouts.html. Retrieved 2007-09-05.
- ^ "Eagles Honor Roll of Troop 820". Troop 820 Web Page. September 2010. https://troop820bsa.org/EagleHonorRoll_index.htm. Retrieved 2010-09-24.
- ^ "Boy Scouts Inducts Rex Tillerson, Chairman and CEO of ExxonMobil, Into Eagle Scout Hall of Fame" (Press release). Boy Scouts of America. October 28, 2009. https://www.bsa.scouting.org/Media/PressReleases/PreviousYears/2009/20091029.aspx. Retrieved June 2, 2010.
- ^ "New BSA President Rex Tillerson Among 2010 Silver Buffalo Award Recipients". Boy Scouts of America. https://blog.scoutingmagazine.org/2010/06/2010-silver-buffalo.html. Retrieved June 2, 2010.
- ^ "2010 Silver Buffalo Recipients". Scouting (September–October 2010): 39.
References [link]
- "Rex W. Tillerson, Chairman and Chief Executive Officer". About Us. Exxon Mobil Corporation. https://www.exxonmobil.com/Corporate/about_who_mgmt_rwt.aspx.
| Preceded by Lee Raymond |
CEO of ExxonMobil January 1, 2006–present |
Succeeded by incumbent |
External links [link]
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