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Exxon Loses Board Seats to Activist Hedge Fund in Landmark Climate Vote

reuters.com

A tiny hedge fund dealt a major blow to Exxon Mobil Corp (XOM.N) on Wednesday as shareholders elected at least two of the fund’s nominated directors to the oil giant’s board after a months-long battle over the company’s carbon footprint and growth plans...

Mentions: Hedge Fund Exxon Mobil Carbon