Exxon director calls activist campaign, ESG pressures a 'tidal wave' -speech

  • 6/3/2021
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Exxon Mobil Corp (XOM.N) Director Ursula Burns called environmental pressures and the successful activist campaign to gain board seats at the biggest U.S. oil producer a "tidal wave" in a speech on Wednesday. "The timing was perfect," said Burns, who spoke at a Federal Reserve Bank of Dallas virtual event. Exxon shareholders elected three directors nominated by hedge fund Engine No. 1 to the company"s board.

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