Activist shareholder opposes re-election of Woodside chairman
An activist shareholder group has filed a members’ statement with Woodside Energy opposing the re-election of chairman Richard Goyder, claiming he has been “persistently unresponsive” to shareholder concerns on climate risk management.
The Australasian Centre for Corporate Responsibility says that under the chairmanship of Mr Goyder, “the current board has resisted change in the wake of major shareholder votes at the last four annual general meetings, each relating to its failure to deliver a credible strategy that will maximise shareholder value in the face of the global energy transition”.
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