CalPERS Votes Against Exxon Board
Posted on 05/29/2024
CalPERS has voted against all sitting members of ExxonMobil’s board of directors. CEO Darren Woods was also included. The votes came in response to ExxonMobil’s lawsuit against an activist shareholder group which submitted a non-binding proposal regarding climate change. The proposal has since been withdrawn. CalPERS CEO Marcie Frost said: “CalPERS did not take this…
