Jeffrey W. Ubben

ExxonMobil Announces Final Results in Election of Directors

Retrieved on: 
Monday, June 21, 2021

ExxonMobil today released the final election results of the 2021 Annual Meeting of Shareholders as confirmed by the independent election inspector.

Key Points: 
  • ExxonMobil today released the final election results of the 2021 Annual Meeting of Shareholders as confirmed by the independent election inspector.
  • The ExxonMobil board of directors will consist of Michael Angelakis, Susan Avery, Angela Braly, Ursula Burns, Kenneth Frazier, Gregory Goff, Kaisa Hietala, Joseph Hooley, Steve Kandarian, Alexander Karsner, Jeffrey Ubben and Darren Woods.
  • We welcome our new members and thank our three departing directors for their valuable contributions to the company.
  • ExxonMobil, one of the largest publicly traded international energy companies, uses technology and innovation to help meet the worlds growing energy needs.

ExxonMobil Updates Preliminary Results on Election of Directors

Retrieved on: 
Wednesday, June 2, 2021

ExxonMobil today updated preliminary results for the election of directors at its annual meeting of shareholders held on May 26, 2021.

Key Points: 
  • ExxonMobil today updated preliminary results for the election of directors at its annual meeting of shareholders held on May 26, 2021.
  • Based on the preliminary results, re-elected ExxonMobil directors are expected to be Woods, Michael Angelakis, Susan Avery, Angela Braly, Ursula Burns, Kenneth Frazier, Joseph Hooley, Douglas Oberhelman and Jeffrey Ubben.
  • The preliminary results, which were filed as a Form 8-K with the U.S. Securities and Exchange Commission, are subject to certification by the independent inspector of election, who has sole ability to validate the election.
  • These results are preliminary estimates only and are subject to change based on the certification of the voting results by the independent inspector of elections.

ExxonMobil Announces Preliminary Results in Election of Directors

Retrieved on: 
Wednesday, May 26, 2021

ExxonMobil said today that based on preliminary vote estimates by its proxy solicitor, shareholders have elected eight of ExxonMobil nominees to the board of directors and two of Engine No.

Key Points: 
  • ExxonMobil said today that based on preliminary vote estimates by its proxy solicitor, shareholders have elected eight of ExxonMobil nominees to the board of directors and two of Engine No.
  • Re-elected ExxonMobil directors were Woods, Michael Angelakis, Susan Avery, Angela Braly, Ursula Burns, Kenneth Frazier, Joseph Hooley and Jeffrey Ubben.
  • The estimated preliminary vote results set forth in this press release are forward-looking statements.
  • These results are preliminary estimates only and are subject to change based on the certification of the voting results by the independent inspector of elections.

Exxon Must Change Direction, Not Just Appoint New Board Candidates

Retrieved on: 
Wednesday, March 3, 2021

The recent announcement of new board candidates, including one with climate and ESG experience (Jeff Ubben), indicates that the company may intend to change.

Key Points: 
  • The recent announcement of new board candidates, including one with climate and ESG experience (Jeff Ubben), indicates that the company may intend to change.
  • CURE sent a letter to Exxons Board last month outlining the need for change at the Board level and support for multiple shareholder resolutions.
  • The coalition continues to urge Exxon to further enhance its Board of Directors to address fiduciary and climate concerns.
  • As of March 1, 2021, CURE brings together over 145 institutional members, who collectively represent circa $2.5 trillion in assets.

AES Announces Resignation of Jeffrey Ubben from its Board of Directors

Retrieved on: 
Monday, March 1, 2021

ARLINGTON, Va., March 1, 2021 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced that Jeffrey Ubben has resigned from its Board of Directors.

Key Points: 
  • ARLINGTON, Va., March 1, 2021 /PRNewswire/ -- The AES Corporation (NYSE: AES) today announced that Jeffrey Ubben has resigned from its Board of Directors.
  • Ubben has been a Director on AES' Board since January 2018.
  • "AES is a dynamic company with a terrific leadership team, where I have had a wonderful experience serving on its Board.
  • My resignation is due to my appointment to ExxonMobil Corporation's Board of Directors," said Jeffrey Ubben, Founder and Managing Partner of Inclusive Capital Partners.

Michael Angelakis and Jeffrey Ubben Join ExxonMobil Board of Directors

Retrieved on: 
Monday, March 1, 2021

Exxon Mobil Corporation (NYSE:XOM) said today that Michael Angelakis and Jeffrey Ubben have joined its board of directors.

Key Points: 
  • Exxon Mobil Corporation (NYSE:XOM) said today that Michael Angelakis and Jeffrey Ubben have joined its board of directors.
  • In those roles, Angelakis led strategic planning, capital allocation and corporate development, including overseeing Comcasts successful transition into media and other technologies.
  • Ubben co-founded Inclusive Capital Partners, a San Francisco-based investment firm focused on increasing shareholder value and promoting sound environmental, social and governance practices.
  • With the election of Angelakis and Ubben, the ExxonMobil board increased to 13 directors, 12 of whom are independent.

ValueAct Capital Founder Jeff Ubben to Retire and Launch Inclusive Capital Partners

Retrieved on: 
Wednesday, June 24, 2020

SAN FRANCISCO, June 24, 2020 /PRNewswire-PRWeb/ --ValueAct Capital ("VAC") Founder Jeff Ubben is retiring after 20 years at the investment firm to undertake a new professional challenge, launching Inclusive Capital Partners.

Key Points: 
  • SAN FRANCISCO, June 24, 2020 /PRNewswire-PRWeb/ --ValueAct Capital ("VAC") Founder Jeff Ubben is retiring after 20 years at the investment firm to undertake a new professional challenge, launching Inclusive Capital Partners.
  • "With the same enthusiasm I felt 20 years ago, I am happy to announce the formation of Inclusive Capital Partners," Ubben said.
  • Ubben will continue managing the ValueAct Spring Fund after he transitions to Inclusive Capital Partners together with the entire ValueAct Spring Fund investment team.
  • In addition to launching Inclusive Capital Partners, Ubben is also launching the Inclusive Capital Partners Foundation which will be dedicated to executing mission-driven philanthropy, focused on advancing economic, social, and environmental inclusion.

ValueAct Capital Founder Jeff Ubben to Retire to Launch Inclusive Capital Partners

Retrieved on: 
Wednesday, June 24, 2020

SAN FRANCISCO, June 23, 2020 /PRNewswire/ --ValueAct Capital ("VAC") Founder Jeff Ubben is retiring after 20 years at the investment firm to undertake a new professional challenge, launching Inclusive Capital Partners.

Key Points: 
  • SAN FRANCISCO, June 23, 2020 /PRNewswire/ --ValueAct Capital ("VAC") Founder Jeff Ubben is retiring after 20 years at the investment firm to undertake a new professional challenge, launching Inclusive Capital Partners.
  • "With the same enthusiasm I felt 20 years ago, I am happy to announce the formation of Inclusive Capital Partners," Ubben said.
  • Ubben will continue managing the ValueAct Spring Fund after he transitions to Inclusive Capital Partners together with the entire ValueAct Spring Fund investment team.
  • In addition to launching Inclusive Capital Partners, Ubben is also launching the Inclusive Capital Partners Foundation which will be dedicated to executing mission-driven philanthropy, focused on advancing economic, social, and environmental inclusion.

AMG Announces Partnership with Inclusive Capital Partners, Following Completion of ValueAct Capital Long-Term Succession Plan

Retrieved on: 
Tuesday, June 23, 2020

The successful completion of generational management transition at longtime Affiliate ValueAct Capital Management, L.P. (ValueAct) has facilitated the launch of In-Cap.

Key Points: 
  • The successful completion of generational management transition at longtime Affiliate ValueAct Capital Management, L.P. (ValueAct) has facilitated the launch of In-Cap.
  • ValueAct founder Jeffrey W. Ubben will retire from ValueAct and will continue to manage the ValueAct Spring Fund after he transitions to In-Cap.
  • AMGs investment in ValueAct was the first investment I led upon joining AMG, which has now come full-circle.
  • I am thrilled to announce the formation of Inclusive Capital Partners as the next iteration of my investing career.

Enviva Partners, LP Announces Appointment of Jeff Ubben, Chairman of ValueAct Spring Fund, to Board of Directors

Retrieved on: 
Thursday, June 18, 2020

The ValueAct Spring Fund focuses its investments on purpose-driven companies that use sustainable business models to solve global environmental and societal problems.

Key Points: 
  • The ValueAct Spring Fund focuses its investments on purpose-driven companies that use sustainable business models to solve global environmental and societal problems.
  • I am excited to extend the partnership and track record we have built with John and the Enviva team, said Jeff Ubben, Chairman of ValueAct.
  • I look forward to working alongside my fellow board members and management to support Envivas vital contribution to a Net Zero world.
  • To learn more about Enviva Partners, LP, please visit our website at www.envivabiomass.com and follow us on social media @Enviva.