Exxon appoints two new directors, ‘concedes’ need for board change – Engine No.1

摘要

ExxonMobil has “conceded the need for board change”, activist investor Engine No.1 said on Monday after Exxon announced that it has appointed two new directors to its board, including environmental, social and governance (ESG) proponent Jeff Ubben. Despite the additions, Engine No.1 said it is still pushing to install its nominees to Exxon’s board, with the activist fund claiming Exxon’s board is still lacking directors with “diverse track records of success in the energy industry”.