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Proxy firm ISS says no to Exxon exec pay plan ahead of shareholder meeting

Published 05/19/2017, 07:48 AM
© Reuters.  Proxy firm ISS says no to Exxon exec pay plan ahead of shareholder meeting
XOM
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  • Proxy adviser ISS recommends investors vote against Exxon Mobil 's (NYSE:XOM) executive pay plan and some other closely watched questions due to be voted at the company's May 31 annual meeting.
  • ISS recommends investors vote "against" the pay of XOM's top executives, questioning if pay awards are strongly linked to performance, and suggests voting in favor of a shareholder resolution requesting more information on the potential impact of climate change on the company's business.
  • ISS says it supports all of XOM's directors up for election.
  • Now read: Exxon Mobil: Bigger Dividend, Better Buy


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