Wednesday March 7,2018
Exxon Chief Woods Struggles to Undo Predecessors Botched Ventures |
| Chief Executive Darren Woods inherited a bunch of deals from his predecessor Rex Tillerson, now the U.S. secretary of state, which have since gone sour. This year Exxon took a write-off on over a billion dollars for walking away from some of Mr. Tillerson’s projects, including some in Russia and Mexico. The losses are putting a drag on the oil firm’s growth, analysts said. |
Professor Elam 
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