United reshuffles management as it prepares for uncertain recovery

United Airlines Holdings Inc (UAL.O) is reshuffling its management team to help the airline prepare for the near-term uncertainty of travel demand, new Chief Executive Scott Kirby told employees on Wednesday, as restrictions to keep the coronavirus from spreading are lifted. With stay-at-home orders easing across the United States, airlines have pointed to slight improvements […]

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Exxon shareholders soundly reject splitting CEO/chairman roles

Exxon Mobil Corp (XOM.N) shareholders soundly rejected climate-related proposals and splitting the chairman and chief executive’s roles at the oil major’s shareholder meeting on Wednesday. Climate activists had swung behind efforts to split the roles of chief executive and chairman after prior defeats on resolutions seeking to make it more accountable to shareholders on climate […]

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