The Rockefeller family, the longest continuous shareholder in ExxonMobil, is abandoning its behind-the-scenes role at the company to press for corporate governance reforms including an independent chairman and a stronger board. Family representatives have scheduled a news conference for Wednesday to issue a public rebuke to the company, which began as part of John D. Rockefeller's Standard Oil. |
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.