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Search fieldHome page Seeking Alpha - Power to InvestorsSearch for Symbols, analysts, keywordsAbout PremiumCreate free accountLog in Energy Sheffield says Exxon launched 'smear campaign' to keep him off company's board Sep 26, 2026, 8:25 PM ETExxonMobil Holdings Corporation (XOM) StockBy : Carl Surran, SA News Editor Pioneer Natural Resources founder Scott Sheffield alleges ExxonMobil (XOM) collaborated with the Federal Trade Commission in a "smear campaign" to keep him off the company's board following its $60B takeover of his company in 2024. "I do firmly believe To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser. Is this happening to you frequently? Please report it on our feedback forum. If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. Search fieldEntering text into the input field will update the search result below Quick Insights FTC alleged Sheffield colluded with OPEC, barring him from Exxon's board as part of merger approval conditions. Shareholders received a 19% premium from the $60B Exxon takeover. Sheffield regrets exposing Pioneer employees to Exxon's 'cut-throat and dysfunctional culture.'
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