Tag "Exxon, Chevron holders say 'no' to adding climate experts to boards"

Exxon, Chevron holders say 'no' to adding climate experts to boards

By Anna Driver HOUSTON (Reuters) – Shareholders of the top two U.S. oil companies on Wednesday rejected proposals to add directors with climate change expertise to their boards, but a measure passed at one, Chevron Corp, could give new power to minority investors with environmental concerns. Proposals to add an independent director with expertise in climate change received the support of about 20 percent of shareholders at each company, according