Steven S. Reinemund Elected to ExxonMobil Board
IRVING, Texas--(BUSINESS WIRE)--
Exxon Mobil Corporation (NYSE:XOM) announced today that shareholders elected Steven S. Reinemund to its board of directors. Mr. Reinemund is the retired chairman and chief executive officer of PepsiCo, Inc.
With Mr. Reinemund's election, the ExxonMobil board stands at twelve directors, ten of whom are non-employee directors.
Mr. Reinemund held a number of key leadership positions during his tenure at PepsiCo. He was the executive chairman of PepsiCo from October 2006 until May 1, 2007. He served as chairman and chief executive officer from May 2001 until his retirement in October 2006. He was elected a director of PepsiCo in 1996 and served as president and chief operating officer from September 1999 until May of 2001. Mr. Reinemund began his career with PepsiCo in 1984 at Pizza Hut, Inc. and held progressively more responsible positions until he became president and chief executive officer of Frito-Lay's North American snack division in 1992. He became chairman and chief executive officer of Frito-Lay's worldwide operations in 1996.
Mr. Reinemund also serves as a director of Johnson & Johnson, Marriott International, Inc. and American Express Company. He serves as the chair of the National Minority Supplier Development Council and as a trustee of the United States Naval Academy Foundation.
A graduate of the U.S. Naval Academy, Mr. Reinemund served five years as an officer in the United States Marine Corps, achieving the rank of Captain. He obtained his MBA from the University of Virginia in 1978.
Source: Exxon Mobil Corporation
Released May 30, 2007