Chevron CEO John Watson and his Board of Directors seemed terribly out of touch at the company's annual meeting this week where they were once again pounded by the environmental group Amazon Watch and its allies. Watson simply refused to deal with his two key challenges: the $11 billion Ecuador pollution judgment, and climate change.
For shareholders,...
Thursday, May 26, 2016
Tuesday, May 24, 2016
With Assets Under Threat, Chevron CEO Faces Judgment Day Over Ecuador At Annual Meeting
Posted on Tuesday, May 24, 2016
Chevron CEO John Watson is getting roughed up in the days leading up to the company's annual shareholder meeting this week as risk related to his historic $11 billion environmental liability in Ecuador continues to increase. The judgment has now been confirmed unanimously by Ecuador's Supreme Court while Canada's Supreme Court has ruled the affected...
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