Glass Lewis recommends votes 'against' Exxon's Hooley, citing lawsuit-March 2024-www.financetom.com

Glass Lewis recommends votes 'against' Exxon's Hooley, citing lawsuit

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Glass Lewis recommends votes 'against' Exxon's Hooley, citing lawsuit

May 13, 2024 7:50 AM

May 13 (Reuters) - Glass Lewis recommended investors

vote "against" Exxon's lead independent director Joseph Hooley,

citing concerns about what the proxy adviser called the energy

company's "unusual and aggressive tactics" in pursuing a lawsuit

against activist investors.

In a report sent late on Friday, Glass Lewis also

recommended investors cast votes "for" Exxon Chairman and CEO

Darren Woods, and backed the company on all other matters up for

a vote at its May 29 shareholder meeting.

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