“An activist investor is likely to pick up a third seat on the board of ExxonMobil, giving it additional leverage to press the oil giant to address investor concerns about climate change,” the Wall Street Journal reports.
“Exxon said Wednesday that an updated vote count showed shareholders backed a third nominee of Engine No. 1, an upstart hedge fund that had already won two board seats at Exxon’s annual shareholder meeting last week.”
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