Corporate Voting - Is Exxon the Tipping Point?

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Corporate Voting – Is Exxon the Tipping Point?

Market Updates

07/01/21

One major concern over the years has been the concentration of corporate voting power to large investment firms. The recent proxy vote where 3 new activist board members were elected to Exxon’s board demonstrates the influence these firms can have. Blackrock (and Larry Fink) have become one of the most powerful companies in the world.

Written by

James E. Gore, CFA®, CAIA, CMT®

Jim serves as the Chief Investment Officer of THOR, is a Chartered Financial Analyst charter-holder, a Chartered Alternative Investment Analyst, a Chartered Market Technician, a member of the Association for Investment Management and Research and a member of the Cincinnati Society of Financial Analysts.

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Corporate Voting - Is Exxon the Tipping Point?