In 1960, who became the chairman of Standard Oil of New Jersey?

In 1960, who became the chairman of Standard Oil of New Jersey?

• A. J. D. Rockefeller Sr.
• B. Monroe Rathbone
• C. Henry Ford
• D. John D. Rockefeller Jr.

Answer: (B)

The question tests knowledge of a key leadership change at a major American company. In 1960, Monroe Rathbone took on the role of chairman of Standard Oil of New Jersey, marking a shift toward a more professional, governance-focused leadership style during a period of growth and modernization for the company (which would later become Exxon). The other names listed belong to earlier eras or different figures not associated with leading Standard Oil of New Jersey at that time: the Rockefellers were earlier founders and leaders, and Henry Ford is a figure from the automotive industry, not this oil company.

The question tests knowledge of a key leadership change at a major American company. In 1960, Monroe Rathbone took on the role of chairman of Standard Oil of New Jersey, marking a shift toward a more professional, governance-focused leadership style during a period of growth and modernization for the company (which would later become Exxon).

The other names listed belong to earlier eras or different figures not associated with leading Standard Oil of New Jersey at that time: the Rockefellers were earlier founders and leaders, and Henry Ford is a figure from the automotive industry, not this oil company.