Scott Sheffield Claims Exxon CEO Betrayed Him in $60 Billion Pioneer Deal
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Scott Sheffield, one of the earliest architects of the US shale oil boom, said he was “betrayed” by ExxonMobil Holdings Corp. after Chief Executive Officer Darren Woods failed to support him in a dispute with the Federal Trade Commission despite a promise to do so.
The conflict arose during negotiations related to a $60 billion deal involving Pioneer Natural Resources, highlighting tensions within the leadership of Exxon as Sheffield sought backing from Woods.
ExxonMobilScott SheffieldDarren Woods
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“Scott Sheffield, one of the earliest architects of the US shale oil boom, said he was “betrayed” by ExxonMobil Holdings Corp.”
Bloomberg — Scott Sheffield Claims Exxon CEO Betrayed Him in $60 Billion Pioneer Deal