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Friday, December 11, 2015 9:23:35 PM
The elevation of Woods, XOM’s head of refining, apparently ends the internal competition with exploration chief Jack Williams to replace Tillerson upon retirement some time between now and March 2017 when the current CEO reaches the company’s mandatory retirement age of 65.
Woods joined XOM in 1992 and worked his way up through the refining and chemicals businesses; he was appointed to the management committee that oversees day-to-day operations in 2014 alongside Williams.
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