On Friday, Shares of Exxon Mobil Corporation (NYSE:XOM), added 0.95% and closed at $87.28 in the last trading session. The last trading range of the stock ranges between $86.65 and $87.81. Jack Balagia, vice president and general counsel, Exxon Mobil Corporation (XOM), has declared his intention to retire effective Nov. 1, 2016, after more than 18 years of service.
It is anticipated that the board of directors will elect Randall Ebner as vice president and general counsel, Exxon Mobil Corporation. Ebner is presently assistant general counsel, Exxon Mobil Corporation.
A native of Austin, Texas, Balagia joined the Exxon Company, USA Law Department in May 1998 in Houston as counsel in the litigation group. He became coordinator for Upstream litigation in 1999 and assistant general counsel in 2004. He was named to his current position in March 2010.
Balagia, who will reach the mandatory retirement age of 65 in October, is a member of numerous professional associations, counting a member of the Board of Directors of the National Center for State Courts, co-chair of the Civil Justice Reform Group, and vice chair of the University of Texas Law School Foundation Board of Trustees.
Balagia earned his J.D. degree from the University of Texas at Austin School of Law and a bachelor’s degree at the University of Texas at Austin.
Alibaba Group Holding Ltd (NYSE:BABA), jumped 0.23% and closed at $105.79 in the last trading session. The last trading range of the stock ranges between $85.79 and $107.10. The company’s Market capitalization is $262.31 Billion with the total Outstanding Shares of 2.47 Billion. Sequential Brands Group, Inc. (SQBG) and Alibaba Group Inc. (BABA) declared recently that Martha Stewart will headline Alibaba`s inaugural Tmall Super Kitchen event on September 20, 2016, in Shanghai, China.
Martha Stewart`s keynote address will be broadcast live on Alibaba`s media network which includes Youku Tudou, in addition to live streamed on the Tmall and Taobao ecommerce apps. During her presentation, Martha will share her philosophy on how to live a better, fuller and longer life, in addition to provide the tools to curate and maintain one`s home.
“There is a tremendous amount of demand for know-how and inspiration in the home and lifestyle space recently among the rapidly developing middle class in China and Southeast Asia. I am thrilled to join the brilliant team at Alibaba to assist inspire the next generation of Chinese consumers,” said Martha Stewart.