The amazing fact is that Engine No1’s pitch, while very accurate at depicting the current bad positioning of the company for a future with less oil, had exactly 0 proposals of what Exxon should look like in a decade. In addition, both of the new directors that they managed to install are people with purely oil refining background.
Still not clear to me what the intentions of Engine No.1 are.
Still not clear to me what the intentions of Engine No.1 are.