Activist firm ousts two ExxonMobil directors in shareholder vote

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By Sain in Business
Updated 3 years ago

May 26 (UPI) -- Activist investors on Wednesday ousted two directors from ExxonMobil's board following criticism of its climate strategy. The hedge fund Engine No. 1, which holds a 0.02% stake in Exxon, won two board seats in a vote during the company's annual shareholder meeting. Engine No. 1 nominated...

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