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Trump's secretary of state will sell out of ExxonMobil

Donald Trump's choice for US secretary of state, Rex Tillerson, plans to sell out of his shares in the oil company ExxonMobil if he is approved for the job. Until the turn of the year, Tillerson was CEO of the company and has been criticized for his close ties to Russia.

Rex Tillerson, receiving a medal in 2012 from Russian President Vladimir Putin. | Photo: Mikhail Klimentyev/AP/Polfoto/Arkiv

Rex Tillerson, former CEO of ExxonMobil, will sell shares worth USD 240 million in the oil company if he is approved for the position as secretary of state in Donald Trump's administration.

He will sell the shares to remove all doubt about potential conflicts between his own financial interests and the interests of US foreign policy.

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