ExxonMobil forced to add climate activist-backed board members in major rebuke to oil giant

Published May 26, 2021 12:00am ET



ExxonMobil shareholders voted Wednesday to install at least two new board members nominated by activist hedge fund Engine No. 1, who would seek to push the oil and gas giant to invest in clean energy and move off fossil fuels more quickly.

Gregory Goff and Kaisa Hietala were elected, according to a preliminary vote announced by Exxon during its annual shareholder meeting.

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