Rex Tillerson Has Stakes in Some of Exxon’s Competitors

The transcript discusses Rex Tillerson's investment portfolio, highlighting his significant ties to Exxon and stakes in competitors. It covers the challenges of managing his portfolio amid potential conflicts of interest and the requirements of his confirmation process. The discussion includes insights into his holdings, such as Apple, and community reactions to his potential appointment. The focus is on his diplomatic skills and the implications of his relationship with Russia, especially concerning sanctions.

What is notable about Rex Tillerson's investment portfolio?

• He has no investments in technology companies.

• He only invests in Exxon and its subsidiaries.

• His wealth is largely tied to Exxon.

• He has diversified his investments across various industries.

What must Tillerson do with his Exxon shares as part of the divestment process?

• Transfer them to a family member.

• Put them into a trust.

• Sell them immediately.

• Donate them to charity.

Which company is Tillerson's largest equity holding outside of the energy sector?

• Microsoft

• Apple Inc.

• Google

• Amazon

Is it common for executives to hold shares in competitor companies?

• It is illegal and uncommon.

• It is discouraged and rarely happens.

• It is only allowed in the tech industry.

• It is common and legal with board approval.

What is a key focus of Tillerson's confirmation hearings?

• His views on climate change.

• His educational background.

• His investment in Apple.

• His relationship with Russia.

What is the general sentiment among other CEOs regarding Tillerson's potential appointment?

• They believe he lacks the necessary experience.

• They are mostly opposed to it.

• There is excitement about his appointment.

• They are largely indifferent.

How might Tillerson's experience benefit him in his new role?

• He has extensive experience in the tech industry.

• He has no relevant experience.

• He has worked in the education sector.

• He has a background in diplomatic relations.