ExxonMobil Activist Investor Claims Victory
San Francisco-based Engine No. 1 won two seats on the company's board, according to a preliminary tally.
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San Francisco-based Engine No. 1 won two seats on the company's board, according to a preliminary tally.
ExxonMobil shareholders voted Wednesday to install at least two new board members nominated by activist hedge fund Engine No. 1, who would seek to push the oil and gas giant to invest in clean energy and move off fossil fuels more quickly.
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ExxonMobil shareholders elected at least two activist investors to its board.