ENERGY

Exxon’s Rawl to Retire This Year: Lawrence Rawl will retire as chairman and chief executive of Exxon Corp., the largest oil company in the United States, according to a proxy statement filed Jan. 29 with the Securities and Exchange Commission. Rawl, who has guided the Irving, Tex., company since becoming chairman and CEO in 1987, will reach the company’s mandatory retirement age of 65 in May, the proxy statement said. Members of the nominating committee of Exxon’s board of directors, who are responsible for filling board vacancies, could not be reached for comment on a possible successor to Rawl.