ExxonMobil Shareholders Disagreed With CalPERS
Posted on 05/31/2024
Most shareholders voted in favor of ExxonMobil’s leadership after several investors lobbied against them. CEO Darren Woods and all board members will remain in place. CalPERS was publicly against the reappointment of ExxonMobil’s board and CEO. The CalPERS dissent came in response to ExxonMobil’s lawsuit against an activist shareholder group which submitted a non-binding proposal…
