The Activist Investor Transforming America’s Largest Oil Company ...Middle East

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The Activist Investor Transforming America’s Largest Oil Company
source : OILPRICE ( Middle East ) () 23
Engine No. 1, the new activist investor firm seeking long-term policy changes at Exxon, said on Wednesday it had formally nominated four independent director candidates to the supermajor’s board, continuing shareholder pressure on the biggest U.S. oil and gas firm to start thinking of its business in the energy transition. “Investors increasingly want to see companies focused on the long-term and ExxonMobil is no exception. We believe that ExxonMobil’s Board needs new members who have proven success positioning energy companies…

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