Rex Tillerson

Carlos Barria/REUTERS / Texas Tribune

Former U.S. Secretary of State Rex Tillerson is being courted as a candidate to be the next University of Texas System chancellor, a source familiar with the effort told The Texas Tribune. 

The news was first reported by The Wall Street Journal. Tillerson, a UT-Austin alumnus, left the State Department less than two weeks ago. Prior to joining President Donald Trump's administration, he served as CEO of Exxon Mobil. 

If chosen, he would replace Chancellor Bill McRaven, a retired Navy admiral. It's unclear whether Tillerson would except the job.

Former Secretary of State Rex Tillerson is making his first public statement after being fired by President Donald Trump this morning over Twitter. Tillerson will be succeeded by CIA Director Mike Pompeo, pending a Senate confirmation. Pompeo will be replaced by Gina Hapsel who, as NPR notes, may have a tough road to her Senate confirmation.

Watch a livestream of the briefing below courtesy of PBS Newshour.

Updated at 3:00 p.m. ET

President Trump announced Secretary of State Rex Tillerson was fired on Tuesday morning in a tweet that followed a year of frequent tension between the two leaders.

Lynda Gonzalez for KUT

Secretary of State Rex Tillerson spoke at his alma mater, UT-Austin, on Thursday during a symposium on U.S. involvement and engagement in Western affairs. The event was hosted by the LBJ School of Public Affairs and the LBJ Presidential Library.

Among other things, Tillerson talked about issues facing the Americas – particularly corruption.

Updated at 1 p.m. ET

As the leaders of two nuclear-armed countries trade threats, U.S. Secretary of State Rex Tillerson says President Trump "is sending a strong message to North Korea in language that Kim Jong Un would understand, because he doesn't seem to understand diplomatic language."