On Wednesday, Shares of Exxon Mobil Corporation (NYSE:XOM), lost -0.76% to $81.26.
Ken Cohen, vice president, Public and Government Affairs, Exxon Mobil Corporation (XOM), has declared his intention to retire effective Jan. 1, 2016, after more than 38 years of service.
It is anticipated that the board of directors will elect Suzanne McCarron as vice president, Public and Government Affairs, Exxon Mobil Corporation. McCarron is presently general manager, Public and Government Affairs, and president, ExxonMobil Foundation, the primary philanthropic arm of the Exxon Mobil Corporation in the United States. The ExxonMobil Foundation is focused on creating economic opportunities for women, support for math and science education and efforts to combat malaria.
A native of Peoria, Illinois, Cohen joined Exxon USA in June 1977 in the Law Department, where he held a variety of staff assignments. In 1985, he became chief attorney, Refining, Environment and Health and in 1989 was named assistant general counsel at Exxon Company International. He became senior counsel and coordinator, Exxon Corporation Law Department, in 1991 and in 1995 became general counsel, Exxon Chemical Company. He was named to his current position in November 1999.
Cohen, who will reach the mandatory retirement age of 65 in January, is a director of National Math And Science Initiative, Inc., a member of numerous professional associations, serves on the board of Directors of the Teagle Foundation and is a national trustee of Boys and Girls Clubs of America.
Exxon Mobil Corporation engages in refining and marketing crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. It also manufactures and markets commodity petrochemicals, counting olefins, aromatics, polyethylene and polypropylene plastics, and specialty products; and transports and sells crude oil, natural gas, and petroleum products.
Shares of General Mills, Inc. (NYSE:GIS), inclined 0.47% to $58.24, during its last trading session.
Florida residents previewed Honey Nut Cheerios’ one-of-a-kind living billboard, just outside of Orlando, to celebrate the classic cereal’s key ingredient –real honey. Much more than just a billboard installation, the three-story free-standing structure was home to more than 100,000 honeybees. The honey produced from the working hives was used to spell out “Made with Real Honey” on the exterior of the installation. The local Florida honey was used to produce a limited number of exclusive boxes of Honey Nut Cheerios.
Constructed in the farm fields at Diamond P Farm and Ranch, the honey-bees used in the creation of the billboard were supplied in partnership with Brent Dickson and his family, who are local Orlando bee-keepers. True to standards, most of the beekeepers who make the honey for Honey Nut Cheerios run family businesses and depend on their bees to make a living.
“Honey is more than just an ingredient – it’s the flavor at the heart of Honey Nut Cheerios. And that’s why we thought there was no better way to explain just how real the honey is that goes into Honey Nut Cheerios than by physically showing it,” said Jared Pippin, senior associate marketing manager at General Mills. “We wanted to honor the honeybees and show our support for the dedicated beekeepers who love honey just as much as we do.”
General Mills, Inc. manufactures and markets branded consumer foods in the United States and internationally. It also supplies branded and unbranded food products to the foodservice and commercial baking industries.
Finally, Shares of Ion Geophysical Corp (NYSE:IO), ended its last trade with -6.50% loss, and closed at $0.617.
ION Geophysical Corporation, declared that its board of directors has authorized the Company to repurchase, from time to time from November 10, 2015 through November 10, 2017, up to $25 million in shares of its outstanding common stock. The stock repurchase program may be implemented through open market repurchases or privately negotiated transactions, at administration’s discretion. The actual timing, number and value of shares repurchased under the program will be determined by administration at its discretion and will depend on a number of factors counting the market price of the Company’s shares of common stock and general market and economic conditions, applicable legal requirements and compliance with the terms of the Company’s outstanding indebtedness.
ION Geophysical Corporation provides geo science technology, services, and solutions for the oil and gas industry worldwide. It operates through four segments: Solutions, Systems, Software, and Ocean Bottom Services.