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Trump's Secretary of State Pick Will Receive Nest Egg Worth $180 Million, Placed in a Trust

The Washington Post

Exxon Mobil's board of directors has an answer to the nine-figure question about how it will handle the stock due to its outgoing chief executive, Rex Tillerson, who is President-elect Donald Trump's nominee to become secretary of state. Tillerson will surrender the shares, but the company will make a cash payment nearly equivalent to their value -- more than $180 million -- to an irrevocable trust that will be distributed to Tillerson over time...

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