Oberhelman elected to ExxonMobil board

Exxon Mobil Corp.’s (NYSE: XOM) shareholders have elected Doug Oberhelman to its board of directors. Oberhelman is chairman of the board of directors and CEO of Caterpillar Inc.

Oberhelman was named CEO and chairman of Caterpillar’s board in 2010. Prior to that, he served as group president of various divisions within Caterpillar from 2002 to 2010, and was elected a Caterpillar vice president and CFO in 1995. He has also served on the boards of Eli Lilly and Co. and Ameren Corp. Oberhelman earned a bachelor’s degree in finance from Millikin University.

With the election of Oberhelman, the ExxonMobil board stands at 12 directors, 11 of whom are non-employee directors.

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