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Print Exxon Mobil Corp. Chief Executive Darren Woods suffered one of the biggest setbacks of his career at the hands of a tiny activist investment firm established less than six months ago. At least two of the activist’s nominees won seats on Exxon’s board Wednesday, despite the chief executive’s vocal opposition and an all-hands-on-deck battle by the oil giant to defeat the insurgents. A third seat may yet fall to San Francisco activist Engine No. 1 when the final results from Exxon’s annual meeting are tallied. That would put Woods in the tricky position of leading a board that’s ...

Home / Top News / Coalition United for a Responsible Exxon (CURE) Commends Fellow Shareholders on Supporting Real Change to the Exxon Board Directors Coalition United for a Responsible Exxon (CURE) Commends Fellow Shareholders on Supporting Real Change to the Exxon Board Directors Preliminary Results Disclosed Indicate at Least Two Directors from Engine #1 Have been Elected NEW YORK, May 26, 2021 (GLOBE NEWSWIRE) — The Coalition United for a Responsible Exxon (“CURE” or the “Coalition”) that recently published a paper that analyzes ExxonMobil Corporation’s (NYSE: XOM) (“Exxon�...

POLITICO Get the Morning Energy newsletter Email Sign Up By signing up you agree to receive email newsletters or updates from POLITICO and you agree to our privacy policy and terms of service. You can unsubscribe at any time and you can contact us here. This sign-up form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. With help from Kelsey Tamborrino, Anthony Adragna, Annie Snider and Ben Lefebvre. Editor’s Note: Morning Energy is a free version of POLITICO Pro Energy's morning newsletter, which is delivered to our subscribers each morning at 6 a.m. The ...

ExxonMobil Shareholders to Company: We Want a Different Approach to Climate Change Two new corporate directors, voted in by a majority at the oil giant’s annual meeting, are expected to help push the company to take stronger action. May 26, 2021 Vehicles refuel at an Exxon Mobil Corp. gas station in Houston, Texas, on Oct. 28, 2020. Credit: Callaghan O'Hare/Bloomberg via Getty Images Related Share this article ExxonMobil has spent the last six months locked in a battle for its future, ever since a small investment firm launched a long-shot bid to reshape the company’s board of directors a...

ExxonMobil, Chevron investors vote for more action on climate change published : 27 May 2021 at 04:45 ExxonMobil is getting at least two board members who want the oil giant to more aggressively tackle climate change. NEW YORK - Investors rejected the responses of US oil giants to climate change Wednesday, installing activist board members at ExxonMobil and directing Chevron to deepen emissions cuts. The dual decisions at the two biggest US oil giants' annual meetings are clear evidence that addressing climate change has moved from being a...