The performance Wednesday of Exxon Mobil Corp. chief executive Rex W. Tillerson at the company’s annual meeting might have been downright warm and fuzzy compared with his predecessor’s, but that didn’t stop shareholders from adopting a resolution over the objections of the company’s board of directors.

Exxon officials said they believed it was the first time in the company’s history that a resolution had been adopted over the objections of the company, and it was seen as a sign of anger over the board’s decision to award outgoing chief executive Lee Raymond a final-year pay package of $69.4 million and a retirement lump sum of $98.4 million.

…”I’m looking at the world 15 to 20 years out,” he said. “That’s where I’m living.” He said that the mix of energy sources 20 years from now would resemble the mix today. “It’s a question of whether these are going to make a meaningful difference or not,” he said. “We’re going to do what’s in the best long-term interests of shareholders.”
washingtonpost.com

What a visionary.

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