Thread regarding ExxonMobil Corp. layoffs

Proxy voting

We all got multiple emails and letters to get us to sign over our voting rights as shareholders to the corporation. That’s pretty suspicious and I can’t imagine why anyone would be stupid enough to fall for it.

Now, we’re starting to get phone calls from these “advocates” at Innisfree M&A (look them up) to also try to get us to sign over our rights. Sketchy stuff.

So obviously the company is desperate because they have something unpopular they want to push through at the next shareholders meeting. What is it? Other than a fat executive compensation package, what would the company be trying to push that they need the employees’ shares (a minority position) to get through?

DON’T BE FOOLED - HOLD ON TO YOUR RIGHTS!


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| 11 views | | 10 replies (last March 16) | Reply
Post ID: @OP+1kkkk88x6

10 replies (most recent on top)

Why would any employee want to blindly follow the ask of our EM empowers when they take every opportunity to sc--w us. Vote against MC compensation. Whilst we won’t win as it’s a beauty contest with the investor (you vote for me and I’ll vote for you), I hope leadership realize how much of a p off company we have become

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Post ID: @q0+1kkkk88x6

@bk That’s not what a mole is or how one operates.

I think the word you’re looking for is “shill.”

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Post ID: @p4+1kkkk88x6

@f3

crazy how exxon PR showed up in the thread

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Post ID: @hf+1kkkk88x6

You can read up on the new program here https://investor.exxonmobil.com/individual-shareholders/vote

From my understanding, it's an optional program that's new to industry and we're the first to roll this out.

If you sign up for the program, you still get your proxy materials in the mail, and can vote your ballot anyhow you want. This just give you another option given the majority of folks don't ever open or vote the proxy.

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Post ID: @f3+1kkkk88x6

Every season I vote against executive compensation package considering the approved pay raises they provide the rest of us.

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Post ID: @cd+1kkkk88x6

Don’t do it; make sure you keep your vote. I know these kind big investors will win out but every vote counts. The company treats us like id--ts so why hand over any power, even small, back to them. Don’t do it. Vote again brother Darren before he ki-ls this company

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Post ID: @bt+1kkkk88x6

@a6 Corporate mole has entered the chat!

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Post ID: @bk+1kkkk88x6

It is highly suspicious - I've never seen anything like this in my 26 years. They've never called me!

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Post ID: @ab+1kkkk88x6

@a6 Not standard for EM in the last at least 30 years.

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Post ID: @aa+1kkkk88x6

It is standard practice for a corporation to ask their stockholders to assign their individual voting rights to the corporation prior to annual meeting. Nothing suspicious or nefarious about the annual request.

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Post ID: @a6+1kkkk88x6

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