ExxonMobil Senior VP Arrested for Sexual Assault in Texas

David Scott, the head of Exxon Mobil Corp.'s shale business, remains in a Texas jail after being arrested for sexual assault at a hotel near Houston. The senior vice president of Exxon's upstream shale business was arrested on Thursday and faces a second-degree felony assault charge. Exxon is currently in talks to acquire Pioneer Natural Resources, but it is unclear what role Scott has played in the potential merger. Scott has posted a $30,000 bond but remains in jail as he has not surrendered his Australian passport to probation officers.