1’s other two nominees had not yet been completely tallied as of early afternoon, and the final composition of the board remained unclear. 1 nominees who won board seats are Gregory Goff, a former CEO of refiner Andeavor, and Kaisa Hietala, a former executive at Neste, a Finnish renewable energy firm. “Climate-focused investors have told Exxon for years to think honestly and transparently about climate change risk management. ContraMolchanov of Raymond James said Exxon is not the kind of company where a change in the board would rapidly lead to a fundamental transformation of the underlying business. Further ReadingExxon And Chevron Execs Reportedly Discussed Merging Last Year (Forbes)ExxonMobil Caps Year From Hell With $22 Billion Loss, As Activists Demand Big Change (Forbes)ExxonMobil Caps Year From Hell With $22 Billion Loss, As Activists Demand Big Change (Forbes)

Source: Forbes May 26, 2021 17:57 UTC