Rex Tillerson, President-elect Trump's secretary of state nominee, decided to cut ties with his Exxon Mobil for a $180 million retirement package. The former Exxon CEO is parting with the company only one week before his Senate confirmation hearing begins. If his appointment is confirmed, Tillerson will give up more than 2 million Exxon Mobil shares. Following Tillerson's departure, Darren Woods will become chief executive and chairman in January. Since the presidential elections, Exxon stock has jumped by 6.5 percent, up to Tuesday's close of $90.89.