Hedge fund Engine No. 1 accused Exxon Mobil of “using corporate machinery for its own purpose rather than that of shareholders” after the oil company announced a one-hour recess during an annual shareholder meeting so that it can continue to count votes that will decide the board’s makeup.
Activist hedge fund accuses Exxon of delaying vote to avoid proxy fight loss
2021-05-26T15:44:21-04:00May 26th, 2021|
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