XOM Archives — FX Audit

Activist Engine No. 1 Pushes for a Third Seat in Exxon Board amid Conflict with CEO

Post author:auditor
Post published:June 3, 2021
Post category:News
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Post last modified:June 3, 2021

Exxon Mobil Corp shareholders are pushing for a third seat to the company’s board, according to the Wall Street Journal. Leading nominee, Engine No. 1, will play an activist role…

Exxon Releases Q4 Results, Reports Loss of $20.1 Billion on Pandemic Impacts

Post author:auditor
Post published:February 3, 2021
Post category:News
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Post last modified:February 3, 2021

Exxon Mobil Corp posted a net loss of $20.1 billion or $4.70 per share in the fourth quarter of 2020, according to the company’s press release. The loss was a…

More Job Losses as Exxon Prepares to Axe 14,000 Global Positions, 1,900 in the U.S

Post author:auditor
Post published:October 30, 2020
Post category:News
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Post last modified:October 30, 2020

Exxon will cut 14,000 jobs globally and 1,900 in the U.S. to reduce employee numbers by 15% as the pandemic hurt energy demand and prices, according to Reuters. The job…