ExxonMobil shareholders voted Wednesday to install at least two new independent directors to the company’s board, a resounding defeat for chief executive Darren Woods and a ratification of shareholders’ unhappiness with the way the company had been addressing climate change and its lagging financial performance.
Democracy Dies in Darkness
A bad day for Big Oil
ExxonMobil, Chevron lose key shareholder votes and Dutch court orders Shell to cut emissions faster
May 26, 2021 at 10:24 p.m. EDT