Exxon activist expands boardroom presence with third seat

Activist group Engine No. 1's third candidate secures a seat at the board. Former Vestas CEO Anders Runevad now remains the only of four candidates proposed by activist group who has not been elected to the board of directors of oil company Exxon.

Photo: Brendan Mcdermid/Reuters/Ritzau Scanpix

It sparked a great deal of controversy when it emerged that climate activist group Engine No. 1 had two members elected to the board of oil company ExxonMobil.

Engine No. 1 has never tried to hide the fact that the goal is to ultimately make the oil giant sharply reduce fossil fuels.

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