Investor group pushes Exxon board for new leadership to challenge CEO By Reuters – Investing.com

  • Date: 07-May-2021
  • Source: Investing.com
  • Sector:Economy
  • Country:Gulf
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Investor group pushes Exxon board for new leadership to challenge CEO By Reuters – Investing.com

By Svea Herbst-Bayliss and Jennifer Hiller

(Reuters) - An investor group on Thursday called on Exxon Mobil (NYSE:)'s board to recruit directors and senior executives with energy and clean fuels experience, echoing calls at the center of an ongoing proxy fight.

The Coalition for a Responsible Exxon (CURE), which includes Seattle City Employees Retirement System, Dana Investment Advisors and Interfaith Center on Corporate Responsibility, called on the oil company to tie executive pay more closely to financial performance and greenhouse gas reduction, according to a draft seen by Reuters.