Our new Marketplace Crash Course is here to help. Sign-up for free, learn at your own pace.
The leadership qualities Tillerson would bring to the State Department from his Exxon experience
Share Now on:
President-elect Donald Trump’s choice for secretary of state, Rex Tillerson, is on tap Wednesday for a Senate confirmation hearing. What does his record in corporate leadership reveal about what he might bring to the table in government? Tillerson joined the energy giant ExxonMobil in 1975 and never left, rising to the rank of chief executive in 2006. As a corporate leader, he was serious, straightforward, cautious and did a fair amount of dealmaking with foreign governments, including Russia, which will likely attract scrutiny from lawmakers. But he also presided over the buyout of XTO Energy, which increased Exxon’s exposure to natural gas just as natural gas prices started to fall.
Click the above audio player to hear the full story.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.