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March 30, 2006

The New Face of Exxon

Tillerson.jpgThis NY Times article profiles new ExxonMobil CEO Rex W. Tillerson, who succeeded Lee Raymond three months ago.

Although Exxon's core strategy will not change under Tillerson's leadership, the article notes that Tillerson's style is definitely different from that of the notoriously serious Raymond. At a recent news conference, Tillerson was asked what he thought would happen to oil prices this year:

"If I knew," Tillerson quipped. "I'd be living on a Caribbean island with my flip-flops and a laptop, working just two hours a day."

Posted by Tom at March 30, 2006 06:35 AM

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