Separating the Chairmanship from the CEO

Posted in Blog at 4:11 pm

Overlooked in the controversy regarding the Rockefellers’ dispute with Exxon Mobil over the future direction of that corporation is the fact that one of their motions had nothing to do with alternative energy sources: a proposal to split the roles of chairman and CEO. The proposal to divide Rex Tillerson’s job received an impressive 39.5% (virtually the same as last year, despite an heroic effort by management to fight the proposal) but given that the company has opposed this proposal Read more [...]