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Exxon shareholders pass measure that may put climate expert on board

2016-05-25 21:18:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Calif. Voters at Exxon Mobil Corp's (XOM.N) annual meeting on Wednesday approved a measure to let minority shareholders nominate outsiders for seats on the board, meaning a climate activist could eventually become a director at the world's largest publicly traded oil company. The so-called proxy access measure was the first Exxon shareholder proposal since 2006 to be approved, and it was the only one of 11 proposals related to climate change to pass at meetings held on Wednesday by Exxon and fellow...

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