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Oklahoma business briefs for May 17

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ExxonMobil gives to state higher education

ExxonMobil and its XTO Energy subsidiary employees, retirees, directors and surviving spouses contributed more than $413,000 to 10 Oklahoma colleges and universities, the company said Thursday. Those individual donations were matched by more than $1.1 million in unrestricted grants from the ExxonMobil Foundation as part of the foundation’s 2018 Educational Matching Gift Program.

More than 800 accredited colleges and universities in the United States will receive a total of $50.4 million as part of the ExxonMobil Foundation’s 2018 Educational Matching Gift Program. Nearly 4,000 ExxonMobil employees and retirees contributed more than $17 million to institutions of higher education in 2018, which will be matched with over $32 million in unrestricted grants from the foundation. ExxonMobil has donated nearly $700 million to American institutions of higher learning since the program began.

“Supporting higher education, particularly in the areas of engineering, math and science, is critical in improving individual livelihoods as well as driving broader societal growth,” said Kevin Murphy, president of the ExxonMobil Foundation. “We’ve long supported programs that improve educational outcomes and provide teachers with the tools they need to inspire our next generation of leaders and innovators.”

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AAON director to retire at end of term in 2020

Jack E. Short will retire as a director at AAON Inc. following the end of his current term at AAON’s 2020 annual meeting, the company said Thursday.

Short already has stepped down as chairman of the company’s audit committee, and that Caron Lawhorn has been appointed to fill that role. Short will serve as a member of the audit and governance committees and continue as the lead independent director during the remainder of his term.

“It has been a true pleasure to work with Jack for the past 15 years," CEO Norman H. Asbjornson said. "AAON benefited greatly from his accounting and financial expertise, as well as his leadership skills as he led our audit committee during a time of significant company growth. We look forward to his continued contributions to the board as he completes his current term and helps facilitate Caron’s succession as chair of our audit committee."

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