ExxonMobil
appoints Rex Tillerson president
Posted: 27 February 2004
At its regularly scheduled February meeting yesterday, the ExxonMobil
board of directors elected Senior Vice President Rex Tillerson president
of the corporation and a member of its board of directors, effective
March 1.
With the addition of Mr. Tillerson, the ExxonMobil board is now
comprised of 13 directors, 10 of whom are non-employees.
Mr. Lee Raymond, 65, continues his position as chairman of the
board and chief executive officer of the corporation.
On July 25, 2001, the board requested and Mr. Raymond agreed to
defer his retirement beyond the normal date of August 2003. The
board did not set any specific time but said it would, as in the
past, continue to monitor progress in implementing its orderly plan
to assure continuity in superior corporate management, which has
been the hallmark of ExxonMobil. There has been no change in the
board's position as a result of today's announcement.
Mr. Tillerson, 51, was elected to the position of senior vice president
of the corporation on August 1, 2001.
A native of Wichita Falls, Texas, Mr. Tillerson earned a Bachelor
of Science in Civil Engineering at the University of Texas at Austin
before joining Exxon Company, U.S.A. (EUSA) in 1975 as a production
engineer. He held several engineering, technical and supervisory
assignments in the EUSA Production Department throughout Texas and
in 1987 was named business development manager in the EUSA Natural
Gas Department, where his responsibilities included developing long-range
plans for commercialization of Alaska and Canadian Beaufort Sea
gas.
In 1989, he became general manager of EUSA's Central Production
Division, responsible for oil and gas production operations throughout
a large portion of Texas, Oklahoma, Arkansas and Kansas.
Mr. Tillerson moved to Dallas in 1992 as production advisor to
Exxon Corporation and then to Florham Park, New Jersey, as coordinator
of Affiliate Gas Sales in Exxon Company, International.
Three years later he was named president of Exxon Yemen Inc. and
Esso Exploration and Production Khorat Inc., and in January 1998
became vice president of Exxon Ventures (CIS) Inc. and president
of Exxon Neftegas Limited. In those roles, he was responsible for
Exxon's holdings in Russia and the Caspian Sea as well as the Sakhalin
I Consortium operations offshore Sakhalin Island, Russia.
In December 1999, he became executive vice president of ExxonMobil
Development Company.
Mr. Tillerson is a member of the U.S.-Russia Business Council,
the Engineering Foundation Advisory Council for the University of
Texas at Austin, the Society of Petroleum Engineers and the American
Petroleum Institute.
For more information see www.exxonmobil.com
Posted by Richard Price,
Editor Pipeline Magazine
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