Hedge Fund and Insider Trading News: Jeff Ubben, Bill Ackman, Chase Coleman, Michael Burry, Electrameccanica Vehicles Corp (SOLO), American Assets Trust, Inc (AAT), and More
Exxon Mobil announced two board seat changes Monday, including activist investor and ESG proponent Jeff Ubben, in a sign that the company is confronting its uncertain future as the world moves toward cleaner energy and as investors shy away from oil stocks. Exxon said the other new board member is Mike Angelakis, chairman and chief executive officer of Atairos and former CFO of Comcast.
Eric Lane, the co-head of Goldman Sachs Group Inc.’s asset-management business, is quitting the firm to join Chase Coleman’s