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Statement Karen Doron

Statement on third CalSTRS-backed director joining ExxonMobil board

WEST SACRAMENTO, Calif. (June 3, 2021) – CalSTRS issued the following statement today regarding the preliminary voting results at ExxonMobil’s Annual Shareholder Meeting in which a third director nominated by Engine No. 1 and supported by CalSTRS from the beginning was elected by shareholders to the ExxonMobil board:

Shareholders have the power to effect change at even the most resistant companies and contribute to the sustainable value of their investments.

This historic board election will strengthen ExxonMobil for the future.

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COVID-19 resources
Current as of June 14, 2021

We know you may have concerns about the implications of the COVID-19 pandemic to your long-term retirement plans, plus questions about how to access CalSTRS services during this time.

The health and well-being of our members is of the utmost importance. Our goal is to care for you as much as you care for your students. You can rely on us to continue to pay your benefits on time.