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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 7:41 AM

BOSTON (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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