Event
The ExxonMobil board vote of 26 May 2021
ExxonMobil’s annual meeting, where shareholders elected nominees put forward by Engine No. 1.
- Dates
- 26 May 2021
Connections 4
involved
- Engine No. 1 put forward four nominees; three were elected Scholarship & press 1
- ExxonMobil the company; it told shareholders Engine No. 1 was a small hedge fund with about 0.02 per cent of its shares Scholarship & press 1
- BlackRock voted for three of Engine No. 1’s four nominees Scholarship & press 1
- The Vanguard Group voted for two of Engine No. 1’s nominees Scholarship & press 1
Timeline 1 date
- 26 May 2021 The ExxonMobil board vote of 26 May 2021
Proof 1 source
-
Engine No. 1 v ExxonMobil: a victory for shareholder activism and sustainable development, Mondaq, 7 Jul 2021.
Scholarship & press
Engine No. 1's fourth candidate, Anders Runevad, was not elected.
would comprise nine directors nominated by ExxonMobil and three directors proposed by Engine No. 1.
Engine No. 1, a small, three-month-old hedge fund with about an 0.02 percent ownership in ExxonMobil
Blackrock confirmed that it had cast its 6.7% shareholding in support of Goff, Hietala and Karsner.
Vanguard, the largest shareholder of ExxonMobil, confirmed in a post-election statement that it had voted for Goff and Hietala, but not Karsner and Runevad.
Page history 1 change
- Add 55 stories, each checked against its sources96e92fe6
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