DOHA: Lee Raymond (pictured), the former Chairman and CEO of ExxonMobil, will be this year’s recipient of The Honorary Lifetime Achievement Award for the Advancement of International Energy Policy & Diplomacy, presented by the Abdullah bin Hamad Al-Attiyah International Foundation for Energy & Sustainable Development.
“Lee Raymond has been an inspirational figure throughout his half-century career in the oil industry, but it is his tactical insight in steering ExxonMobil towards sustainable growth in a low and high oil price era which defines his leadership qualities,” said Abdullah bin Hamad Al Attiyah, Chairman of the foundation.
Widely recognized for establishing ExxonMobil as the world’s leading oil company, Lee Raymond’s landmark achievements as Chairman and CEO include acquiring rival Mobil in 1999, and propelling the company’s market value fourfold to $375bn by the end of his tenure in 2005, overtaking BP as the largest global oil company and displacing General Electric as the largest US Corporation.
In acceptance of his Award, Raymond said: “I am honoured and humbled to have been nominated to receive the Al-Attiyah Foundation’s International Energy Award for Lifetime Achievement.”
The Al-Attiyah International Foundation bestows one Honorary Award each year to an outstanding global energy leader, and the 2018 accolade will be presented to Raymond at the six edition of the Awards to be held in Doha on May 7.
