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Website. engine1 .com. Engine No. 1 is an American activist [1] [2] and impact-focused investment firm. [3] [4] It attracted attention with its campaign to replace four members of ExxonMobil 's board of directors despite owning only 0.02% of the company's shares. [1] [5] The firm describes its investment approach as "active ownership", as it ...
Lee Roy Raymond (born August 13, 1938) is an American businessman and was the chief executive officer (CEO) and chairman of ExxonMobil from 1999 to 2005. He had previously been the CEO of Exxon since 1993. He joined the company in 1963 and served as president from 1987 and a director beginning in 1984. While at Exxon, Raymond was one of the ...
Assumed office. January 1, 2017. Preceded by. Rex W. Tillerson. Darren W. Woods (born 1964/65) is an American businessman who is the chief executive officer (CEO) and chairman of ExxonMobil since January 1, 2017. [2] His salary exceeds $20,000,000 per year.
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4000. ExxonMobil 's Baton Rouge Refinery in Baton Rouge, Louisiana is the sixth-largest oil refinery in the United States and seventeenth-largest in the world, [1] with an input capacity of 540,000 barrels (86,000 m 3) per day as of January 1, 2020. [2] The refinery is the site of the first commercial fluid catalytic cracking plant that began ...
Case history. In February 2006, nearly 26,000 gallons of gasoline leaked from a Jacksonville, Maryland, ExxonMobil station over a period of 37 days. Nearly 300 plaintiffs subsequently sued for over $1 billion for the contamination of their wells, loss of property value, physical and mental harm. The case put a spotlight on MTBE, a gasoline ...
The Enron scandal was an accounting scandal involving Enron Corporation, an American energy company based in Houston, Texas. When news of widespread fraud within the company became public in October 2001, the company declared bankruptcy and its accounting firm, Arthur Andersen – then one of the five largest audit and accountancy partnerships ...
It was broken up into 34 separate entities, which included companies that became ExxonMobil, Chevron Corporation, and others—some of which remain among the largest companies by revenue worldwide. Consequently, Rockefeller became the country's first billionaire, with a fortune worth nearly 2% of the national economy.