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May 07, 2008

A new critic for Exxon

Exxon-Mobil, already perhaps the most heavily criticized of all oil companies, has a new and powerful critic: its founding family, the Rockefellers. Through proxy resolutions and a press conference, a dozen family members are criticizing an over-centralization of management and a failure to “address the future of energy and related industry hurdles.” (“Rockefellers call for change in Exxon leadership”)

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