- Zacks
ExxonMobil (XOM) Bolsters Egypt Offshore Exploration Ties
ExxonMobil (XOM) will retain a 60% working interest in the Masry and Cairo concessions, while QatarEnergy will hold a 40% stake in the agreement.
- Bloomberg
Exxon Investors Urged by Glass Lewis to Reject Board Member
(Bloomberg) -- Proxy adviser Glass Lewis & Co. is urging Exxon Mobil Corp. shareholders to oppose Lead Director Joseph Hooley’s reelection, citing “unusual and aggressive tactics” against activist investors. Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindTesla Rehires Some Supercharger Workers Weeks After Musk’s CutsGameStop Shares Soar as ‘Roaring Kitty’ Revitalizes Retail FrenzyMacron Puts French Banks in Play With Plan to Transform EuropeChina to Start $13
- Reuters
UPDATE 2-Illinois state treasurer urges Exxon shareholders to vote against CEO Woods, director Hooley
Illinois state treasurer Michael Frerichs urged Exxon Mobil shareholders to vote against the election of CEO Darren Woods, as the oil major pursues a lawsuit against two shareholders, a filing showed on Monday. Frerichs also recommended voting against Exxon's Lead Independent Director Joseph Hooley at the company's annual shareholder meeting scheduled to take place on May 29.
