Shakeups

Exxon Mobil Shareholder Groups Call for Separation of CEO, Chair Positions

Perhaps emboldened with shakeups in corporate board rooms across the country, some Exxon Mobil Corp. shareholders have called for the roles of chairman and chief executive officer to be separated. Lee Raymond has held the dual roles since Exxon and Mobil merged in November 1999; he had held both roles at Exxon before the merger.

February 26, 2003