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Coalition United for a Responsible Exxon (CURE) – Representing Stakeholders with over $2.2 Trillion in Assets – Calls for New Leadership and Strategy at Exxon Letter to Board in support of multiple shareholder campaigns advocating change of governance and adoption of new, financially and strategically sustainable business plan CURE”) was launched today with an open letter in support of meaningful change at ExxonMobil Corporation (NYSE: XOM) (“ Exxon” or the “ Company”). CURE represents a broad a spectrum of stakeholders focused on sustainability who are committed to delivering l...

2 Min Read FILE PHOTO: A view of the Exxon Mobil refinery in Baytown, Texas September 15, 2008. REUTERS/Jessica Rinaldi/File Photo BOSTON (Reuters) - Dozens of unhappy investors told Exxon Mobil Corp. on Tuesday to move more quickly and forcefully to improve returns and focus on clean energy, hours after the oil company reported an historic annual loss and said it added a new director to its board. Exxon reported a net annual loss of $22.4 billion for 2020 and named Tan Sri Wan Zulkiflee Wan Ariffin, the former head of Malaysia’s state oil company, as an independent director. The board chan...