# Sheffield says Exxon launched 'smear campaign' to keep him off company's board — retained record

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source: [news](https://highsignal.app/data/news) (news:seeking-alpha)  published 2026-09-27 00:25 ingested 2026-09-27 02:53

[original source ↗](https://seekingalpha.com/news/4647174-sheffield-says-exxon-launched-smear-campaign-to-keep-him-off-companys-board?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news)

## retained text



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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

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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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document fetched 2026-09-27 02:53 · canonical https://seekingalpha.com/news/4647174-sheffield-says-exxon-launched-smear-campaign-to-keep-him-off-companys-board?feed_item_type=news