Dow Jones Throws ExxonMobil Overboard In Massive Index Shakeup

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ExxonMobil has been kicked out of the Dow Jones Industrial Average index and replaced by Salesforce. Com, a technology company that sells software that allows large companies to track sales and other information, according to CBS News. Other changes to the DJIA include drug company Amgen replacing Pfizer and Honeywell International replacing Raytheon. ExxonMobil was added to the Dow index 92 years ago as Standard Oil of New Jersey and is currently the oldest member of the index.

Until 2012, ExxonMobil was the most valuable corporation in America with a valuation approaching $400 billion.