Exxon CEO Now a Contender for Donald Trump's Secretary of State
Though Mr. Trump's transition team said last week that the search had narrowed to four finalists, new candidates have emerged, including Rex Tillerson, chairman and chief executive officer of Exxon Mobil Corp., one transition adviser said.
As head of a company with a massive global footprint, Mr. Tillerson, though, is no stranger to foreign leaders.
As Exxon's chief executive, he has spoken against sanctions on Russia, where the company in 2012 signed a $3.2 billion deal that Mr. Putin said could eventually reach $500 billion in investments.
"We always encourage the people who are making those decisions to consider the very broad collateral damage of who are they really harming with sanctions," Mr. Tillerson said at the company's annual meeting in May 2014.
Mr. Tillerson has some of the closest CEO ties to Mr. Putin and Russia, with his work there dating back to when Mr. Putin rose to power after Boris Yeltsin's resignation. The 2012 deal gave Exxon access to prized arctic resources. Later that year, the Kremlin bestowed the country's Order of Friendship on the American businessman.
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As Exxon's chief executive, he has spoken against sanctions on Russia, where the company in 2012 signed a $3.2 billion deal that Mr. Putin said could eventually reach $500 billion in investments.
Mr. Tillerson has some of the closest CEO ties to Mr. Putin and Russia, with his work there dating back to when Mr. Putin rose to power after Boris Yeltsin's resignation. The 2012 deal gave Exxon access to prized arctic resources. Later that year, the Kremlin bestowed the country's Order of Friendship on the American businessman.
Merely as a speculative play...I bet some traders may be buying XOM (Exxon Mobile) stock tomorrow...
Hehehe *-)
What a mess...
The environment won't mean much if he gets the position.