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Q&A: The Activist Investor Who Shook Up the Board at ExxonMobil, on How—or if—it Changed the Company
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Q&A: The Activist Investor Who Shook Up the Board at ExxonMobil, on How—or if—it Changed the Company
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Q&A: The Activist Investor Who Shook Up the Board at ExxonMobil, on How—or if—it Changed the Company A year ago this month, a small hedge fund won an unlikely victory against ExxonMobil, gaining support from a majority of the company’s shareholders to replace three of its directors, against management’s wishes. The fund, called Engine No. 1, had argued that Exxon was failing to plan for a transitio... https://insideclimatenews.org/news/17052022/charlie-penner-engine-no-1-exxonmobil/ By @insideclimate@twitter.com Read more at: https://UncensoredNews.US/corporate-victories #fossil-fuels #engine-no-1 #charlie-penner #climate-change #exxonmobil #BOGA #climate #climatechange #climatecrisis
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