Bloomberg Law
March 26, 2018, 12:53 PM UTC

Exxon Mobil Investors to Vote on Push for Director Disclosure

Andrea Vittorio

By Andrea Vittorio

Exxon Mobil Corp. shareholders will vote later this year on an investor request for more reporting on its directors’ gender, race, and skills.

The oil giant is the only company that pushed back on a shareholder proposal from New York City Comptroller Scott Stringer, who oversees the city’s $180 billion public pension funds, asking for a standardized set of board disclosures. Stringer has sent the proposal to a handful of companies as part of a campaign on board makeup, but he won’t disclose how many.

Exxon asked the Securities and Exchange Commission to keep Stringer’s proposal from ...

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