The Washington Post tells a story that sheds
considerable light on Rex Tillerson, former CEO of ExxonMobil. The story begins
in Venezuela, where ExxonMobil and other oil companies had long done business. Socialist
ruler Hugo Chavez needed cash to shore up his failing economy, so he demanded
that all foreign oil companies give his government a bigger cut of their
revenues. All the companies went along, except ExxonMobil, where Tillerson had
recently become CEO. He refused Chavez’s demand. More…
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