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May 27, 2021 Share NEW YORK — Exxon Mobil’s shareholders have voted to replace at least two of the company’s 12 board members with directors who are seen as better suited to fight climate change, bolster Exxon’s finances and guide it through a transition to cleaner energy. The results, which Exxon called preliminary, were announced by the company after its annual shareholder meeting Wednesday. Exxon said that because of the complexities of the voting process, inspectors might not be able to certify final voting results for “some period of time.” It was unclear whether one ...

26 May 2021 18:24 GMT Updated  27 May 2021 8:06 GMT in  Houston The leadership of ExxonMobil suffered a significant setback on 26 May when two members of the activist investor fund Engine No. 1 were elected to the company’s board of directors. Future of Floating LNG Digital Event Five years in, has FLNG lived up to its early promise? And what happens next? Find out at our next digital event. Eight company-backed candidates, including chief executive Darren Woods, were re-elected, with ExxonMobil saying the votes for two other board seats were too close to call. Engine No. 1 h...

BlackRock, Exxon Mobil Corp's second largest shareholder, is backing several of upstart hedge fund Engine No. 1's candidates to join the com

The oil industry was rocked today as hedge fund minnow Engine No. 1 saw two of its nominees elected to behemoth Exxon Mobil's famously insular board.

NEW YORK (AP) — Exxon Mobil’s shareholders have voted to replace at least two of the...