Exxon Mobil Shareholders Reject CEO-Chairman Split
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
DALLAS— Exxon Mobil Corp. shareholders rejected resolutions calling on the world’s largest company to bar its chief executive officer from serving as chairman and adopt greenhouse-gas reduction targets.
A proposal to split the CEO and chairman’s roles received 39.5% at the company’s annual meeting today in Dallas, less than the 50% required to force directors to reconsider their opposition. Initiatives to set pollution-reduction goals for Exxon Mobil refineries and hold non-binding shareholder votes on executive pay also failed.
A login link has been sent to
Enter your email to read this article.
Get 2 free articles when you subscribe.
