Exxon Investors Urged by Glass Lewis to Reject Board Member.

Glass Lewis advises Exxon investors to reject Lead Director Joseph Hooley's re-election, citing the company's "unusual and aggressive tactics" against activist investors. Exxon has pursued legal action against small activist investors who introduced shareholder proposals requiring the company to adopt emission-reduction targets. Glass Lewis recommends voting against Exxon's CEO Darren Woods in the company's annual shareholder meeting.

May 13, 2024
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