Advertisement

Small Activist Hedge Fund Wins Seats On Exxon Mobile's Board Of Directors

03:41
Download Audio
Resume

The future of the oil and gas industry shifted dramatically this week when a tiny hedge fund won a hard-fought battle against ExxonMobil.

Engine No. 1, a new activist hedge fund, secured two seats on ExxonMobil's board of directors Wednesday.

Here & Now's Robin Young speaks with MSNBC's Ali Velshi about what this means for the future of the industry.

This segment aired on May 27, 2021.

Advertisement

More from Here & Now

Listen Live
Close