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Article: Proposals Fail at Exxon Mobil Meeting, but Activists Happy with More Support.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- May 30, 2002
CopyrightCOPYRIGHT 2002 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Dan Piller and Barry Shlachter, Fort Worth Star-Telegram, Texas Knight Ridder/Tribune Business News
May 30--DALLAS--Advocates of renewable energy and equal opportunity for gay workers were unable to win passage of their proposals when Exxon Mobil Corp. conducted its annual shareholder meeting Wednesday.
But shareholder activists were heartened by obtaining votes from more than 20 percent of Exxon Mobil's 7 billion common shares, up substantially from the single-digit levels attracted in past years.
"I'm just tickled," said the Rev. Michael Crosby, a Roman Catholic friar from the Milwaukee-based Province of St. Joseph of the Capuchin ...