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Article: Exxon Mobil's Raymond to retire; Tillerson slated to take his place
- Article from:
- The Record (Bergen County, NJ)
- Article date:
- August 5, 2005
- Author:
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STEVE QUINN, The Associated Press
The Record (Bergen County, NJ)
08-05-2005
Exxon Mobil's Raymond to retire; Tillerson slated to take his place
By STEVE QUINN, The Associated Press
Date: 08-05-2005, Friday
Section: BUSINESS
Edtion: All Editions
DALLAS - Exxon Mobil Corp. said Thursday that Lee Raymond, its chairman and chief executive for the past 12 years, will retire at the end of this year.
The board of directors of the world's largest publicly traded oil company is expected to name company President Rex W. Tillerson, 53, as Raymond's successor in both posts. No board meeting has been scheduled yet. The change is part of the board's succession plan developed years ago, the company said.
With ...