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A Climate Change Activist Could Be Director on Exxon Board

2016-05-25 14:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Fortune: Voters at Exxon Mobils XOM 0.66% annual meeting on Wednesday approved a measure to let minority shareholders nominate outsiders for seats on the companys board, meaning a climate activist could eventually become a director at the oil giant. The so-called proxy access measure, which passed last year at fellow U.S. major Chevron CVX 1.58% , was the only one of 11 shareholder proposals related to climate change to pass at annual meetings held on Wednesday by both companies. This years meetings...

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