MARKETS

Three proxies back activist investor Exxon board push

GLASS Lewis, the proxy advisor group that backed climate-related resolutions at Santos’ annual general meeting, is stepping into bigger leagues with its support of activist investor board nominations at ExxonMobil's upcoming meeting that include a former US secretary of renewable energy. 

Three proxies back activist investor Exxon board push

  The charge is being led by a small, activist hedge fund called Engine No.1 which has made four recommendations of its own for the board. Glass Lewis has backed two in an unusual move and is the third...

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