Hess To Split Roles Of CEO and ChairmanMani
Hess Corp. (NYSE:HES) today announced that, after consulting with its shareholders, it will separate the role of Chairman and Chief Executive Officer after its Annual Meeting.
The oil company that is in a proxy battle with billionaire Paul Singer’s Elliot Management Corp., said it will strip Chief Executive Officer John B. Hess of the chairmanship after its May 16 Annual Meeting in Houston, TX.
Hess said that its current chairman and chief . . .
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