Among those considered for the post, Mr. Tillerson has perhaps the closest ties to Russian President Vladimir Putin, having negotiated a 2011 energy partnership deal with Russia that Mr. Putin said could eventually be worth as much as $500 billion. In 2012, the Kremlin bestowed the country’s Order of Friendship decoration on Mr. Tillerson.
This pre-existing relationship with Mr. Putin complements Mr. Trump’s push to improve U.S.-Russia ties. A number of Republicans have urged him to be wary of working closely with Russia, warning that it is trying to expand its influence in a way that runs counter to U.S. interests in places such as Ukraine and Syria.
Exxon has a large global presence, and this could introduce sticky conflicts of interest if Mr. Tillerson is selected. The company explores for oil and gas on six of the world’s continents and has operations in more than 50 countries.
Mr. Tillerson, who is slated to retire next year, has retirement funds worth tens of millions of dollars, a value that could potentially be affected by State Department activities. For example, he could benefit from such potential department actions as the lifting of sanctions on Russia.
http://www.wsj.com/articles/exxons-rex-tillerson-is-top-candidate-for-secretary-of-state-1481318464
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