FTC reverses orders barring John Hess from Chevron board, Sheffield from Exxon

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Marathon Petroleum To Purchase Hess Gas Stations

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The Federal Trade Commission on Thursday set aside orders barring Hess (NYSE:HES) CEO John Hess from joining Chevron's (CVX) board and former Pioneer Natural Resources CEO Scott Sheffield from joining Exxon Mobil's (XOM) board (I, II).

The FTC has been

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