Pioneer Founder Alleges Exxon 'Set Him Up' After $60bn Takeover
UKPulse Markets Desk
The founder of Pioneer Natural Resources has claimed that ExxonMobil initiated a 'smear campaign' following its $60bn acquisition of the shale oil company.
- Pioneer's founder alleges Exxon 'set him up' after the $60bn takeover.
- The founder claims Exxon launched a 'smear campaign' to prevent him from joining the company's board.
The founder of Pioneer Natural Resources has accused ExxonMobil of orchestrating a 'smear campaign' against him. This accusation follows Exxon's $60bn takeover of the shale oil magnate's company.
The Pioneer founder reportedly stated that Exxon's actions were intended to prevent him from securing a position on the supermajor's board.