A top executive at Exxon Mobil Corporation (NYSE: XOM), responsible for its shale oil and gas sector, has been reportedly taken into custody on allegations of sexual assault.
This comes amid the company's ongoing merger discussions with competitor Pioneer Natural Resources Company (NYSE: PXD).
David Scott, Senior Vice President at Exxon, supervising its shale oil and gas business, was detained at La Quinta Inn & Suites hotel in Magnolia, Texas, as confirmed by the Montgomery Sheriff's Office, reported Reuters.
The report quoted Emily Mir, spokesperson, stated, "We are aware of the allegations and ...