The applicant for the post of the US Secretary of State Rex Tillerson will sell shares of ExxonMobil for $ 240 million to avoid conflicts of interest, writes Bloomberg referring to the statement of ExxonMobil.
If the appointment is confirmed, the former head of ExxonMobil will sell more than 600,000 shares held. Also, shares in the amount of $ 2 million, which he should get, will be transferred into a separate entity.
In addition, Tillerson will give up $ 4.1 million, which the company had to pay him as a bonus in the next three years.
Earlier, Reuters reported that US President-elect Donald Trump nominated Rex Tillerson to serve as US secretary of state.
Tillerson led ExxonMobil from 2006 to 2016.
