Setback for ExxonMobil as two board seats go to activist investor group members

Oil and gas giant takes hit for perceived lack of effort on environmental issues, underperformance

Black eye: ExxonMobil and chief executive Darren Woods suffered multiple rebuffs from shareholders at the company's 2021 annual meeting on 26 May — Black eye: ExxonMobil and chief executive Darren Woods suffered multiple rebuffs from shareholders at the company's 2021 annual meeting on 26 MayPhoto: REUTERS

Mark Passwaters

Houston

ExxonMobil Americas North America

Published 26 May 2021, 18:24Updated 27 May 2021, 08:06