Exxon activist expands boardroom presence with third seat

Investor Engine No.1's third candidate secures a board seat at the supermajor and boosts a green activist move that has garnered widespread attention in the industry.

By Scott Deveau and David Wethe, Bloomberg News

Exxon Mobil Corp. activist investor Engine No. 1 expanded its presence on the oil giant’s board to three seats, according to preliminary vote tallies, cementing a victory that has reverberated across the energy industry.

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