U.S. Federal Trade Commission Reverses Bans on Executives Joining Chevron, Exxon Boards

Pioneer Founder Sheffield No Longer Wants to Join Exxon Board After FTC Ruling

Longtime shale boss Scott Sheffield said he’s no longer interested in joining Exxon Mobil Corp.’s board after the US Federal Trade Commission set aside orders barring the founder of Pioneer Natural Resources Co. from the oil giant.

U.S. Federal Trade Commission reverses bans on executives joining Chevron, Exxon boards

Decisions are the latest move by commission chairman Andrew Ferguson to reverse actions by his Democratic predecessor Lina Khan

FTC reverses orders barring John Hess from Chevron board, Sheffield from Exxon

FTC Retracts Ban vs Hess, Pioneer Leaders

Hess chief executive John Hess and Pioneer founder and former chief executive Scott Sheffield are no longer barred from holding board or advisory positions...

FTC Nixes Orders Banning Hess, Sheffield from Chevron, Exxon Boards

The FTC voted 3-0 to set aside orders barring oil veterans John Hess and Scott Sheffield from serving on the Chevron and Exxon boards, respectively.

FTC Reverses Order Barring John Hess From Chevron Board - Energy News, Top Headlines, Commentaries, Features & Events

WASHINGTON, July 17 (Reuters) – The U.S. Federal Trade Commission on Thursday reversed a previous order that had barred Hess Corp (HES.N) CEO John Hess from the board of directors at Chevron (CVX.N) as a condition of the oil giant’s pending $53 billion acquisition of his company. ExxonMobil (XOM.N) and Hess are locked in an ...