Exxon Mobils Tillerson Keeps Chairman and CEO Titles
Exxon Mobil chairman and CEO Rex Tillerson will keep both of his titles, as shareholders rejected a plan to split the top jobs at the oil company.
The plan to split Tillerson’s duties into two positions got only 39.5 percent of shareholders’ support at the company’s annual meeting in Houston. A similar vote last year failed with 40 percent support.
Tillerson, who received a compensation package last year valued at about $21.7 million, has been chairman and chief executive since 2006.
