May 28 (Reuters) - Scott Sheffield, the former CEO of
Pioneer Natural Resources, has requested the US Federal Trade
Commission to vacate its order that barred his inclusion on
Exxon Mobil's ( XOM ) board.
Sheffield also sought the dismissal of the proceeding
without further action, according to a comment filed by his
legal counsel before the regulator on Tuesday.
The U.S. antitrust regulator had given its go-ahead to
Exxon's $60 billion purchase of Pioneer earlier in May, but
barred Sheffield from Exxon's board on allegations that he
attempted to collude with the Organization of the Petroleum
Exporting Countries (OPEC) to raise oil prices.
"In straining to find a reason to criticize the merger of
Exxon and Pioneer, the FTC stepped well beyond its proper
mandate and unjustly smeared Sheffield," according to the
counsel's comment.
FTC did not immediately respond to a Reuters request for
comment.