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May 01, 2008

Will Exxon Mobile’s Directors Advise the Company Effectively on PR Strategy

Screenhunter_01_feb_01_1000(NewsVisual, powered by IntellectSpace) -- As Exxon Mobile Corp (NYSE: XOM) again harvests record-breaking profits while American consumers are feeling the financial pinch of record-breaking gas prices at the pump, the oil giant’s Board of Directors has its work cut out for it.

In particular, Exxon’s Directors must deal with the public relations problem of reaping profits while so many Americans are in a rage of gas and diesel prices.

What people often interpret as excessive profits on the part of the oil companies has already become an issue in the Presidential campaign.  For example, Senator Hillary Clinton is not only proposing a suspension of the gasoline tax, but she is also proposing the implementation of a windfall-profits tax on the oil companies.

In addition, truck drivers, a group that’s been especially hard-hit by fuel price increases, have been launching protests throughout the country, with one recent demonstration taking place in Washington, DC.

With such a backlash against its industry being now so palpable, Exxon’s Directors need to act proactively in order to stave off a public relations nightmare as well as news laws that could adversely impact the company’s bottom-line.

NewsVisual created an IntellectSpace Knowledge Map that illustrates the business connections among Exxon Mobil’s Board of Directors.

The Knowledge Map shows that nearly all of the company’s Directors currently hold some type of Executive or Board position with additional corporate entities.  The degree of experience is shown to be extremely diverse, with such individuals as Director Michael J Boskin who also serves as a Director for Oracle, Vodafone and Shinsei Bank.

In addition, Exxon Mobil Director William W George is also a Director at Goldman Sachs and Novartis; and Exxon Mobil Director William R Howell is also a Director at multiple companies that include Halliburton, Pfizer and the Williams Companies.

Click here for an interactive version of this IntellectSpace Knowledge Map.

(Note: the information contained and presented in Knowledge Maps is public information from the Securities and Exchange Commission of the United States of America).

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