{"id":190139,"date":"2026-04-08T22:18:09","date_gmt":"2026-04-08T22:18:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/190139\/"},"modified":"2026-04-08T22:18:09","modified_gmt":"2026-04-08T22:18:09","slug":"nyc-pension-asks-exxon-to-alter-self-interested-voting-program","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/190139\/","title":{"rendered":"NYC Pension Asks Exxon to Alter \u2018Self-Interested\u2019 Voting Program"},"content":{"rendered":"<p>The New York City Comptroller\u2019s Office asked ExxonMobil Corp. to update its new retail shareholder voting program so individual investors have options other than \u201crobo-voting in line with board recommendations.\u201d <\/p>\n<p>More than 100,000 shareholders representing more than 3% of the company\u2019s outstanding shares have enrolled in the retail voting program as of March 1, according to <a href=\"https:\/\/www.bloomberglaw.com\/product\/blaw\/document\/X5V9QPIVO5M98LQ7NODF1KPBKEF?ets=5\" rel=\"nofollow noopener\" target=\"_blank\">Exxon\u2019s proxy statement<\/a>released Wednesday. The shareholder proposal, which also appeared in the filing, calls for multiple independent voting options to prevent the program from excessively benefiting the company\u2019s positions. <\/p>\n<p>Potential changes include options to vote against management recommendations across-the-board or some sort of &#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"The New York City Comptroller\u2019s Office asked ExxonMobil Corp. to update its new retail shareholder voting program so&hellip;\n","protected":false},"author":2,"featured_media":190140,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[61938,9,56,63,65,64,61941,76206,61939,61940],"class_list":["post-190139","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york-city","tag-annual-meeting","tag-new-york","tag-ny","tag-nyc","tag-nyc-headlines","tag-nyc-news","tag-proxy-statements","tag-proxy-voting","tag-shareholder-proposals","tag-shareholder-suits"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/190139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=190139"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/190139\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/190140"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=190139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=190139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=190139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}