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Exxon Names New CEO Darren Woods To Replace Rex Tillerson

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IRVING (AP) - Exxon Mobil on Wednesday named its No. 2 executive as chairman and CEO after Rex Tillerson, was picked by Donald Trump as his secretary of State nominee.

The oil giant elected Darren Woods, 50, during a meeting of the ExxonMobil board of directors on Wednesday.

With the addition of Woods, the ExxonMobil board is comprised of 13 directors, 11 of whom are non-employee directors, according a press release.

Rex W. Tillerson, 63, continues his position of chairman of the board and chief executive officer of the corporation.

Woods was elected to his current position of senior vice president and a member of the management committee of the corporation June 1, 2014.

A native of Wichita, Kansas, Woods earned a bachelor's degree in electrical engineering from Texas A&M University and a master's degree in business administration from Northwestern University's Kellogg School of Management.

He joined Exxon Company International in 1992 as a planning analyst. He held a number of domestic and international assignments for ExxonMobil Refining & Supply Company, ExxonMobil Chemical Company and Exxon Company International, and he served as manager of investor relations for Exxon Mobil Corporation.

Woods held positions as vice president of supply and transportation and director of refining for Europe, Africa and the Middle East for ExxonMobil Refining & Supply Company and vice president of ExxonMobil Chemical Company.

In 2012, he was appointed president of ExxonMobil Refining & Supply Company and a vice president of the corporation.

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