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Page 6 - உள்ளடக்கியது மூலதனம் கூட்டாளர்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Exxon board adds activist after attacks on returns, climate

(March 1): Exxon Mobil Corp appointed climate-minded activist investor Jeff Ubben and former Comcast Corp executive Michael Angelakis to its board, following investor criticism of the oil giant for its environmental record and poor capital allocation over the past decade. The additions bring the number of directors on the board to 13, with seven joining since 2016, Exxon said in a statement. Bloomberg News first reported that Ubben was being considered for the role last month. Exxon rose almost 7% to the highest in more than a year.

Activist Investor Joins ExxonMobil Board

Exxon Mobil Corp. has appointed activist investor Jeff Ubben and former Comcast Corp. executive Michael Angelakis to its board. (Bloomberg) Exxon Mobil Corp. appointed activist investor Jeff Ubben and former Comcast Corp. executive Michael Angelakis to its board following investor criticism of the oil giant for its environmental record and poor financial performance. The additions bring the number of directors on the board to 13, Exxon said in a statement. Bloomberg News first reported Ubben was being considered for the role last month. Exxon’s shares rose as much as 4.8% in pre-market trading in New York on Monday. The contributions of Ubben and Angelakis “will be valued as ExxonMobil advances plans to increase shareholder value by responsibly providing needed energy while playing a leadership role in the energy transition,” Exxon Chief Executive Officer Darren Woods said in the statement.

CRGO Law Joins the Council for Inclusive Capitalism with The Vatican

CRGO Law Joins the Council for Inclusive Capitalism with The Vatican Share Article BOCA RATON, Fla. (PRWEB) February 16, 2021 CRGO Law announced today that its Managing Member, Albert B. Maggio, Jr., has joined the Council for Inclusive Capitalism with the Vatican. The Council is a global nonprofit organization that joins moral and market imperatives to build a more inclusive, sustainable, and trusted economic system that addresses the needs of our people and the planet. “I am thrilled to welcome Albert to the Council and look forward to working with his firm as it takes the necessary actions to ensure a better future for us all,” said Meredith Sumpter, CEO of the Council for Inclusive Capitalism. “Whether you run a small business or are the CEO of a global corporation, we all have a role to play to build more inclusive economies and societies.”

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