1. Chevron Shareholders Reject Independent Chair

    Chevron Shareholders Reject Independent Chair

    Shareholders of Chevron Corp (CVX.N), the second-largest U.S. oil company, rejected a proposal on Wednesday to split the roles of chairman and chief executive, both currently held by John Watson. About 81 percent of the 1.5 billion shares cast at the company's annual meeting in Midland, Texas, voted against the proposal, which was sponsored by the Unitarian Universalist Association. Chevron said ...

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