Activist hedge fund Engine No. 1, pushing for a change in Exxon Mobil’s climate strategy, got enough support from other shareholders to win at least two seats on the oil and gas company’s board. These ...
In a dramatic boardroom battle on Wednesday, a tiny hedge fund fought with the energy giant ExxonMobil over the future of the oil and gas industry — and won. The brand-new activist hedge fund, Engine ...
ExxonMobil has moved to strengthen its hand against climate-focused investor campaigns by introducing an auto-voting system for its massive retail shareholder base, Reuters reported on Monday. The ...
Engine No. 1, the firm that rose to prominence after waging a successful campaign against Exxon, announced Monday an investment in General Motors. This time, the upstart activist's stake signals ...