(Bloomberg) -- Calpers, the largest state public pension fund in the US, will vote against all Exxon Mobil Corp. directors, saying the oil giant is undermining shareholder rights.Most Read from BloombergHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US StocksFlorida’s 125% Surge in Property-Insurance Bills
CalPERS, the nation's biggest public pension fund, makes good on its support of shareholder rights by voting against all 12 Exxon directors.
The California Public Employees Retirement System said it will vote against all 12 board members nominated by Exxon at the company’s annual meeting as a protest.