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Lee Raymond, Who Created Global Oil Behemoth Exxon Mobil, Dies at 87

NYT > Business·June 11, 2026
Lee Raymond, Who Created Global Oil Behemoth Exxon Mobil, Dies at 87

Lee Raymond, former CEO of Exxon, has passed away at the age of 87. During his tenure, he led the company's acquisition of Mobil, forming the global oil giant Exxon Mobil. Raymond was known for his cost-cutting measures and his skepticism of climate change, often denying the scientific consensus on the issue. His leadership style and views on climate change have had a lasting impact on the oil industry.

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