Michael Angelakis and Jeffrey Ubben Join ExxonMobil Board of Directors

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D. E. Shaw Group Welcomes ExxonMobil’s (XOM) Announcements

March 1, 2021 8:58 AM EST

The D. E. Shaw group, which manages funds that have been shareholders in Exxon Mobil Corp. (the Company, or Exxon) (NYSE: XOM) for over 10 years, expressed its support for the addition of Jeffrey Ubben and Michael Angelakis to the Companys Board of Directors as well as Exxons emphasis on cost and capital spending discipline.

Edwin Jager, Managing Director of D. E. Shaw & Co., L.P., said, We welcome todays additions to... More