AP Photo/Reed Saxon Bell Tolls on Mandatory Retirement for Exxon Mobil GC
Exxon Mobil's mandatory retirement age of 65 forced the oil giant's prior two general counsel into retirement. Will current GC Craig Morford be next when he turns 65 on Feb. 10?
January 25, 2024 at 01:28 PM
7 minute read
Corporate Governance
What You Need to Know
- Many large companies still have mandatory retirement ages for executives, though firms sometimes make exceptions.
- Some governance experts question their usefulness in an era of extended life spans.
- Exxon Mobil isn't commenting on how it will handle General Counsel Craig Morford's turning 65.
Feb. 10 could be bittersweet for Exxon Mobil General Counsel Craig Morford.
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