Categories: Government

Exxon Mobil CEO Tillerson to be U.S. Secretary of State

U.S. Secretary of State Rex Tillerson

  • Trump Picks Exxon Mobil CEO Tillerson to Be Secretary of State

The US president-elect Donald Trump has picked Exxon Mobil Corp. chief Rex Tillerson as the next U.S. secretary of state, according to a statement credited to his team.

Tillerson has accepted the offer, according to a source familiar with the transition. If confirmed, would be the first oil executive to lead the State Department.

However, three Republicans and several Democrats have expressed apprehension about Tillerson’s close ties to Russian President Vladimir Putin. This move by the president-elect is sure to set-off a fight in the U.S. senate during confirmation proceeding.

Tillerson will reach Exxon’s mandatory retirement age of 65 in March.
Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

Share
Published by
Samed Olukoya
8 years ago

Recent Posts

Dollar to Naira Black Market Exchange Rate Today, 24th January 2025

How Much is Dollar to Naira Today in Black Market? As of today, 24th January…

11 minutes ago

Tolaram Group Drives Guinness Nigeria to First Profit in Six Months Post-Takeover

Guinness Nigeria Plc has reported a pre-tax profit of N20.1 billion for the second quarter…

5 hours ago

FirstBank’s FirstGem: Redefining Women’s Empowerment in Nigeria

The story of women’s contribution to Nigeria’s economy is as old as the nation itself. …

5 hours ago

UBA to host Knowledge Series Webinar on New Tax Regime for SME’s

Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to host a Knowledge…

6 hours ago

Moniepoint Partners With Visa to Expand Financial Services for African Businesses

Moniepoint Inc., a leading financial platform in Nigeria, has announced a partnership with Visa, a…

9 hours ago

Ecobank and CrediCorp Launch Affordable Loan Programme for Salary Earners

Ecobank Nigeria, in partnership with the Nigerian Consumer Credit Corporation (CrediCorp), has unveiled an innovative…

10 hours ago