ExxonMobil executive arrested on sexual assault charge amid $60B merger talks

David Scott, head of Exxon's shale oil business, was arrested in Texas on a sexual assault charge.
Scott was arrested at a hotel and faces a felony charge, with bail set at $30,000.
Exxon stated Scott will not continue work responsibilities during investigation.
Incident occurred as Exxon reportedly negotiates potential $60B acquisition of Pioneer Natural Resources.
Extent of Scott's involvement in merger talks remains unclear.