Rex Tillerson

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. He is also the President of the Boy Scouts of America.

Biography

[edit]Education

Tillerson graduated from Huntsville (Texas) High School in 1970. He was the recipient of a B.S.from The University of Texas at Austin in civil engineering. During his time at the UT-Austin, he was involved with the Tejas Club, Longhorn Band, and Alpha Phi Omega.^{[citation needed]}. In 2006 he was named a Distinguished Engineering Graduate.^[2]

[edit]Career

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.

[edit]Leadership of Exxon Mobil

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 theAmerican 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 XTO Deal.".^[3]

[edit]Scouting

Tillerson earned and was awarded the rank of Eagle Scout^[4] in 1965.^[5] 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 theGreater New York Councils.^[6] 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.^[7][8]

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