exxon

Rockefellers gain support in ExxonMobil governance spat

May 22, 2008

The Rockefeller family has gained support in its cause to split the role of chairman and CEO in ExxonMobil.

The Rockefeller family has gained support in its cause to split the role of chairman and CEO at ExxonMobil. Nineteen institutional investors – including some of ExxonMobil's largest shareowners – are voting next week to urge ExxonMobil to address climate change risks and opportunities and to separate the chairman and CEO positions.

Rockefellers demand ExxonMobile goes green

May 1, 2008

Members of the Rockefeller family have hit out at oil giant ExxonMobile, expressing concern over the direction of the company.

Members of the Rockefeller family have hit out at oil giant ExxonMobile, expressing concern over the direction of the company. The Rockefellers, who are long-term continuous Exxon shareholders, have previously been content to sit on the sidelines.

However the family - descended from John D Rockefeller, the founder of Standard Oil - has now broken its silence. Family members are demanding Exxon increase its use of alternative fuels by investing more in cleaner technology and cutting greenhouse emissions at its plants.

Can family businesses survive?

June 1, 2003

Family businesses have always been here. They have survived vast change, dominated many fields and have made major, lasting contributions to the economy and to society. It will be interesting to see how family businesses evolve into the third millenium

James Olan Hutcheson spent 19 years in his family business, the world's largest photography company, before forming ReGENERATION Partners, an international business consulting group.