ExxonMobil Proxy Fight Seems Motivated By Too Much Success

Exxon Mobil Chairman & CEO Darren Woods speaks during the CERAWeek oil summit in Houston, Texas, on ... [+] March 18, 2024. (Photo by Mark Felix / AFP) (Photo by MARK FELIX/AFP via Getty Images)AFP via Getty ImagesIn the corporate world, efforts to oust board members by investors are a regular occurrence, to normally be expected when a company is experiencing hard financial times. But in a bit of irony, ExxonMobil ExxonMobil CEO Darren Woods and the company’s lead independent director, Joseph Hooley, find t ...