Finance

ExxonMobil faces activist investor calling for new board members

New investment firm collectively holds some 0.2% of ExxonMobil's market capitalisation

Engine No. 1: "We are not suggesting that ExxonMobil can or should diversify overnight,” the firm said.
Engine No. 1: "We are not suggesting that ExxonMobil can or should diversify overnight,” the firm said.Photo: REUTERS/SCANPIX
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Published 8 December 2020, 19:07Updated 14 December 2020, 17:25