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Proxy adviser ISS backs all Exxon Mobil director candidates – Metro US

Proxy adviser ISS backs all Exxon Mobil director candidates

FILE PHOTO: The logo of Exxon Mobil Corporation is shown
FILE PHOTO: The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York

BOSTON (Reuters) – Top proxy adviser Institutional Shareholder Services has recommended investors vote for all director candidates at oil major Exxon Mobil Corp.

In a report sent by a representative late Monday ISS also recommended votes “for” the company’s executive pay, but backed several shareholder resolutions focused on climate concerns. Exxon Mobil’s annual meeting is scheduled for May 25.

(Reporting by Ross Kerber; Editing by Andrew Heavens)

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