/PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) held its Annual Meeting of Shareholders today. On a vote by ballot during the.
EN1 Versus Exxon: This David Wants To Strengthen His Goliath forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Ovintiv to ‘Carefully Review’ Investor’s Board Nominees
Private investor Kimmeridge Energy Management Co., which owns a 2.5% stake in Ovintiv Inc., has nominated three people to stand for board election as Kimmeridge looks to upend oversight of the Denver-based independent.
Earlier this month Kimmeridge warned Ovintiv that the exploration and production (E&P) company needed to improve performance or face a reckoning.
“Given the track record of value destruction at Ovintiv, the company requires the stewardship of a strong board…that can restore confidence in the shareholder base and hold management accountable,” said Kimmeridge managing partner Mark Viviano, head of Public Equities.
Engine No. 1 Formally Nominates Four Director Candidates to ExxonMobil Board
Engine No. 1 Formally Nominates Four Director Candidates to ExxonMobil Board Engine No. 1, a new investment firm that seeks to enhance long-term value through active ownership, today announced that it has formally nominated four highly qualified, independent director candidates with diverse track records of success across the energy sector to the Exxon Mobil Corporation (NYSE: XOM) (ExxonMobil or the Company) Board of Directors (the Board) in connection with the 2021 Annual Meeting of Shareholders. More information about this campaign can be found at Engine No. 1 stated: Investors increasingly want to see companies focused on the long-term and ExxonMobil is no exception. We believe that ExxonMobils Board needs new members who have proven success positioning energy companies for today as well as tomorrow, and who are sufficiently independent from the current Board to ensure a clean break from a strat