CalSTRS backs proposed slate of independent directors to refresh Exxon board

Potential proxy access initiative at ExxonMobil

The California State Teachers’ Retirement System (CalSTRS) said it supports the plan of San Francisco-based asset manager Engine No. 1 to nominate four independent directors to the board of ExxonMobil ahead of its 2021 AGM normally held in May.  

Engine No. 1, a recently-created i…

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