Stay updated with breaking news from Gregory Goff. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Billionaire hedge fund manager Daniel Loeb, head of Third Point LLC, has acquired $500million in shares of Royal Dutch Shell PLC. In a letter the firm demanded that the oil major to separate into two.
Exxon Mobil Corp.'s remade board of directors is debating whether to continue with several major oil and gas projects as the company reconsiders its investment strategy in a fast-changing energy landscape
Engine No. 1's "Reenergize Exxon" campaign received strong shareholder support. It successfully placed three new directors on the company's board. ExxonMobil now has the opportunity to develop a bold new strategy that will support shareholder returns and the transition to a low carbon economy.
Jun 5, 2021 One of the newest faces at Exxon Mobil Corp., Kaisa Hietala, wants to make sure she’s not misunderstood as she’s propelled to sudden fame in a battle between climate activists and the oil industry. The 50-year-old Finn — unknown to corporate America until last month — won her boardroom seat at Exxon after a campaign by activist hedge fund Engine No. 1 convinced BlackRock Inc., Vanguard Group Inc. and other key investors to back her in a contentious vote. Speaking in an interview, Hietala says she understands how important it is to look after a company’s “tradi...
(Bloomberg) -- One of the newest faces at Exxon Mobil Corp., Kaisa Hietala, wants to make sure she’s not misunderstood as she’s propelled to sudden fame in a battle between climate activists and the oil industry.The 50-year-old Finn -- unknown to corporate America until last month -- won her boardroom seat at Exxon after a campaign by activist hedge fund Engine No. 1 convinced BlackRock Inc., Vanguard Group Inc. and other key investors to back her in a contentious vote.Speaking in an interview w