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Proxy adviser ISS backs all Exxon Mobil director candidates

2022.05.10 16:17

Proxy adviser ISS backs all Exxon Mobil director candidates
FILE PHOTO: The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015. REUTERS/Lucas Jackson

BOSTON (Reuters) – Top proxy adviser Institutional Shareholder Services has recommended investors vote for all director candidates at oil major Exxon Mobil Corp (NYSE:XOM).

In a report sent by a representative late Monday ISS also recommended votes “for” the company’s executive pay, but backed several shareholder resolutions focused on climate concerns. Exxon Mobil’s annual meeting is scheduled for May 25.

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