We urge all ExxonMobil shareholders to vote “FOR” on Item #5 at the May 28th Annual Meeting of Shareholders.
Separating the CEO and Chairman of the Board positions will enable the CEO to focus on delivering positive results to shareholders while empowering the Chairman and the Board to objectively analyze the long term challenges and opportunities facing the Company. This will strengthen the long-term prospects of ExxonMobil.
For more information on the proponents of the proposal click here.
LATEST NEWS
Exxon Mobil proxy fights fueled by Rockefellers — MarketWatch 5-21-08
Dallas Business Journal — Exxon Mobil Shareholders Rally for Change 5-21-08 TheStreet.com — One of the 5 Dumbest things on Wall Street 5-16-08
RiskMetrics, Rockefellers Fuel Governance Push at Exxon Mobil Exxon shareholders take proxy battle on the road
Rockefellers Receive Boost in Exxon Fight
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BOARD CHAIRMAN AND CEO
“RESOLVED, that the shareholders urge the Board of Directors to take the necessary steps to amend the by-laws to require that, whenever possible and subject to any presently existing contractual obligations of the Company, an independent director shall serve as Chairman of the Board of Directors, and that the Chairman of the Board of Directors shall not concurrently serve as the Chief Executive Officer.”
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MATERIALS
New International Investors Announce Support for Independent Chariman at ExxonMobil Corporation 5-19-08 5-19-08 New Email Letter from Connecticut State Treasurer Denise L. Nappier 5-15-08 5-16-08 |
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