ExxonMobil’s Shareholder Meeting Drama — Board Seats Contested By Pro-Climate Hedge Fund

ExxonMobil’s Shareholder Meeting Drama — Board Seats Contested By Pro-Climate Hedge Fund

A group of investors is attempting to displace four members of the ExxonMobil Board of Directors in the Board election at the annual meeting to be held on Wednesday — and according to Axios and The Washington Post, this challenge represents a battle for the future of the oil and gas giant. 

Why It Matters:  This election campaign is not driven by climate activists or political pressure — it’s about return on investment and long-term financial weakness.

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