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Exxon planning board changes under activist investor pressure: WSJ

Published 01/27/2021, 10:58 AM
Updated 01/27/2021, 11:00 AM
© Reuters.

(Reuters) - U.S. oil major Exxon Mobil Corp (NYSE:XOM) is planning to add one or more new board directors and stepping up its sustainability investments, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. (https://on.wsj.com/3t0ev9K)

The report said Exxon is in talks with the activist investor group D.E. Shaw about the changes.

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