Exxon Chief Rex Tillerson is Trump’s Pick for Secretary of State
Rex Tillerson, head of Exxon will become the first secretary of state with no experience in any public office. Supporters suggest he has other experiences, like traveling the world, making deals for ExxonMobil with various countries, and the decades he spent driving the company’s expansion in Russia.
Rex Tillerson Raises Some Eyebrows with His Connections to Russia
In 1998 Rex Tillerson was put in charge of ExxonMobil’s holdings in Russia and in the Caspian Sea. In 2011 the oil giant signed a deal with Rosneft, Russia’s largest state-owned oil company. The deal allowed for a joint oil exploration and production. There was a joint announcement that plans had been formed to begin drilling in the Russian Arctic. Two years later, President Vladimir Putin honored Tillerson with the Order of Friendship from Russia. John Hamre, the president of the Center for Strategic and International Studies, a Washington think tank where Tillerson is a board member, told the Wall Street Journal, “He has more interactive time with Vladimir Putin than probably any other American with the exception of Henry Kissinger.”
Ray Tillerson, 64, is well-compensated for his position with Exxon. His compensation package last year was $27.2 million. He also owns ExxonMobil shares with a value of $151 million. Tillerson is from Wichita Falls, Texas, He holds a Bachelor of science degree in civil engineering from the University of Texas.
President-elect Donald Trump says Tillerson would be “a forceful and clear-eyed advocate for America’s vital national interests.” This is based on his experience in diplomacy which stems from making deals with foreign countries.