World & BusinessExxonMobil CEO accused of undermining Pioneer founder in $60 billion deal
Bloomberg reports that Scott Sheffield says ExxonMobil CEO Darren Woods failed to support him in a Federal Trade Commission dispute despite promising to do so.
TLDR
Pioneer founder Scott Sheffield claims ExxonMobil CEO Darren Woods undermined him to push through a $60 billion deal, Bloomberg reports. Sheffield said ExxonMobil “betrayed” him, alleging that Woods failed to honor a promise to support him in a dispute with the Federal Trade Commission.
ExxonMobil CEO accused of undermining Pioneer founder in $60 billion deal
Bloomberg reports that Scott Sheffield says ExxonMobil CEO Darren Woods failed to support him in a Federal Trade Commission dispute despite promising to do so.
TLDR
Pioneer founder Scott Sheffield claims ExxonMobil CEO Darren Woods undermined him to push through a $60 billion deal, Bloomberg reports. Sheffield said ExxonMobil “betrayed” him, alleging that Woods failed to honor a promise to support him in a dispute with the Federal Trade Commission.