Amid escalating shareholder tensions, Republican states advocate for ExxonMobil, underscoring deep divides over corporate environmental policies.
Corporate Governance
-
-
Exxon Mobil CEO Darren Woods received a nearly 3% raise in total compensation for 2023, reaching $36.9 million, according to a regulatory filing submitted by the oil giant. This news comes as Exxon grapples with declining profits, highlighting a growing disconnect between executive pay and company performance. The situation has sparked outrage among some shareholders and raises questions about Exxon’s commitment to responsible corporate governance.
-
Sahara Group commits to a greener future with its 2060 net zero plan.