Who are the two new Exxon board members?

Goff and Hietala will be two voices among a 12-person board that has had six directors handpicked by Exxon’s current chief executive Darren Woods.

Who is behind engine No 1?

History. Engine No. 1 was founded by Christopher James with $250 million of his own funds in December 2020.

Who are the board members of Exxon?

Exxon Mobil Corporation Board of Directors

• Michael J. Angelakis. Age 57, Director since 2021.
• Susan K. Avery. Age 71, Director since 2017.
• Angela F. Braly. Age 60, Director since 2016.
• Ursula M. Burns. Age 62, Director since 2012.
• Kenneth C. Frazier.
• Gregory J. Goff.
• Kaisa H. Hietala.
• Steven A. Kandarian.

How Exxon lost a board battle?

May 26 (Reuters) – A tiny hedge fund dealt a major blow to Exxon Mobil Corp on Wednesday, unseating at least two board members in a bid to force the company’s leadership to reckon with the risk of failing to adjust its business strategy to match global efforts to combat climate change.

How many members does the Exxon board have?

12-member
1’s slate elected to Exxon’s 12-member board is private-equity investor Alexander Karsner, Exxon said Wednesday in a statement.

How much does CEO of Exxon make?

Executive Compensation As Chairman and CEO at EXXON MOBIL CORP, D. W. Woods made $16,424,332 in total compensation.

What is ESG product?

Environmental, social, and governance (ESG) criteria are an increasingly popular way for investors to evaluate companies in which they might want to invest. Many mutual funds, brokerage firms, and robo-advisors now offer products that employ ESG criteria.

Where is engine No 1 based?

San Francisco
She was part of the team that founded the iShares family of ETFs at Barclays Global Investors, now part of BlackRock Inc. Based in San Francisco (Engine No.

Who owns ExxonMobil?

As of March 2019, ExxonMobil’s largest shareholders include The Vanguard Group (8.15\%), BlackRock (6.61\%), and State Street Corporation (4.83\%). ExxonMobil is one of the largest of the world’s Big Oil companies….ExxonMobil.

What happened with Exxon?

On March 24, 1989 the oil tanker Exxon Valdez ran aground in Prince William Sound, Alaska, spilling 11 million gallons of oil. The ecologically sensitive location, season of the year, and large scale of this spill resulted in one of the largest environmental disasters in U.S. history.

How much of Exxon does Engine No 1 own?

0.02\%
Engine No. 1, a hedge fund just six months old, manages around $250 million in assets. It owns a meager 0.02\% of ExxonMobil, the oil and gas giant that’s worth $250 billion.

Who is president of ExxonMobil?

Darren Woods