Shareholder fights on the agenda as ExxonMobil convenes annual meeting
US supermajor’s board under scrutiny following Arjuna Capital, Follow This lawsuit
ExxonMobil walked into a stormy annual general meeting this week with a number of influential shareholders, up in arms over the company’s legal action against activist investors, threatening to strip chief executive Darren Woods of his seat on the board of directors. In the end, shareholders voted overwhelmingly in favour of the slate of board nominees.UPSTREAM/RYTIS DAUKANTAS
