ExxonMobil’s board of directors has unanimously recommended that shareholders approve a proposal to move the company’s legal domicile from New Jersey to Texas, a shift the oil major says would better align its corporate structure with where its leadership and operations are based. The proposal will be put to investors at ExxonMobil’s 2026 annual shareholder meeting following the filing of a preliminary proxy statement with the U.S. Securities and Exchange Commission. If approved, the move would formall ...