Summary by Moomoo AI
The National Legal and Policy Center (NLPC) has urged shareholders of Exxon Mobil Corporation to vote against the election of Lawrence 'Larry' W. Kellner to the company's Board of Directors. The NLPC, which is not soliciting proxy authority and cannot vote proxies, has disseminated this recommendation through a Notice of Exempt Solicitation filed on May 6, 2024, and a subsequent video published on May 9, 2024. The NLPC's opposition to Kellner's board membership is based on his tenure as Chairman of Boeing, during which the company faced significant safety and ethics issues. The NLPC highlighted Boeing's poor safety practices, financial losses, and a recent incident where a door plug blew off an Alaska Airlines jet mid-flight. Despite these concerns, Exxon Mobil plans to have Kellner serve on its board's safety committee. Shareholders are advised to follow the instructions on the management's proxy mailing to cast their votes.