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State officials call on top funds to vote against two Exxon directors
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State officials call on top funds to vote against two Exxon directors
May 21, 2024 7:31 AM

BOSTON, May 21 (Reuters) - A group of state financial

officers and other public and labor leaders on Tuesday called

for major asset managers to vote against top Exxon

directors, citing the company's lawsuit against climate

activists.

The group including California Treasurer Fiona Ma and New

York City Comptroller Brad Lander called for votes against Exxon

CEO Darren Woods and the company's lead independent director

Joseph Hooley, saying in a statement Exxon's suit would

"undermine shareholder rights."

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