Sabrina Valle

HOUSTON (Reuters) – British proxy advisor Pensions & Investment Research Consultants Limited (PIRC) on Monday urged Exxon Mobil Corp (NYSE:), shareholders will vote against the reelection of five directors at Wednesday’s annual meeting, including Chief Executive Darren Woods and Chairman.

PIRC (a proxy company that provides recommendations to shareholders) also recommended a non vote for Alexander Karsner’s re-election. He was one of the directors proposed by Engine No. 1, an activist hedge fund. 1.

The company also asked shareholders to reject the executive compensation plan of the company at its Wednesday meeting.

Exxon’s compensation and benefits programs are designed to support the company’s core principles and business strategies and are market competitive for all employees, the company said in a written response.