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Tags: annual  criticism  draws  exxon  meeting  mobil  
Channel: News & Politics
Uploaded: May 28, 2008 at 11:13 pm
Author: AssociatedPress
Length: 02:14
Rating: 3.80
Views: 1499
PlusExxon Mobil Annual Meeting Draws CriticismExxon Mobil Annual Meeting Draws CriticismThe Associated PressRich Matthews reports from Dallas, Texas where Exxon Mobile shareholders attended the company's annual meeting. The oil giant faces criticism from environmentalists. Meanwhile the CEO and Chairman Rex Tillerson will keep his job. (May 28)[Notes:ANCHOR VOICE] (nats) protester's chanting "No planet, no dividends)(vo)Shareholders entering Exxon Mobil's annual meeting in Dallas Tuesday had to walk by a small group of protesters who are upset with the companies environmental record and record profits..(sot) john wolf/protesterMy employees are having a hard time coming to work you fill up it's 60 bucks. It hurts...(vo)But only about 40 people showed up to picket and chant a much smaller crowd than years past..(sot)I wish there were more people out here actually more people brave enough to hold a sign...(vo)Inside the meeting ceo and board chairman rex tillerson faced the very real chance of having to give up his seat on the board.. Members of john d Rockefellers family pushed an initiative that would have separated those roles but it failed to pass and the family left the meeting quickly without commenting to reporters.....In all 17 different initiatives were voted down, most were introduced by environmental-minded investors and shareholder activists like Julie goodridge who sought to limit executive pay..(sot)"it's time that corporate greed and greed at this company takes a look at what the rest of the world is dealing with..(vo)After the vote tellerson said while Exxon Mobil is investing in new technologies, the focus will remain on oil and gas..(sot)We have a social responsibility to ensure the worked receives the energy it needs to in a fashion it can use it reliably...(vo)And he blasted current experts on global warming...(sot)Anybody who tells you they have this figured out is not being truthful there are too many complexities around climate science...(vo)As for relief at the pump, tellerson says that will only happen when and if crude oil prices drop, until then he said it's up to us, to save for ourselves..(sot)Plan carefully watch your trips do your part!!!(vo)Rich Matthews the associated press Dallas.. ___ ___, The Associated Press.(****END****) ANCHOR VOICE: Rich Matthews-------------------------VIDEO PRODUCER: Rich Matthews/ Waldon (washington) ------------------------------VIDEO SOURCE: APTN -------------------------- VIDEO APPROVAL: Donna Starddard ------------------------------