In a dramatic shake up signaling an accelerating transition away from a fossil fuel economy, a majority of ExxonMobil shareholders voted to replace two of the oil major’s board of directors with an alternative slate of candidates experienced in clean energy and energy transitions.
BlackRock s climate views put it center stage in Exxon boardroom fight reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
BlackRock s climate views put it center stage in Exxon boardroom fight
By Jennifer Hiller and Ross Kerber
Reuters
HOUSTON/BOSTON (Reuters) - Top asset manager BlackRock could determine the outcome of a proxy fight between Exxon Mobil and a hedge fund seeking to reshape the oil giant s board and future direction.
Exxon s 12 directors are up for election on May 26, in a vote that offers a high profile test of BlackRock s approach to getting companies set a course to limit global warming to below 2 degrees Celsius by 2050. Exxon stresses it is on a path to meet the Paris accord with a market-based approach.
Woman Sentenced in Theft From Morris Central School
The case of a local school official stealing money from the school district of which she was employed has finally resulted in a sentence for the accused. And she will not serve any jail time.
Kristina Hand, 47, was convicted of stealing $34,000 from the Morris Central School District over a period of time encompassing 2014-2020. Hand will not have to do jail time but rather was sentenced to serve two years of probation and 50 hours of community service. She was also ordered to pay the Morris Central School District back its $34,000 which she stole.
Woman Sentenced in Theft From Morris Central School wsrkfm.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wsrkfm.com Daily Mail and Mail on Sunday newspapers.