Last week, Hess agreed to split John Hess' chairman and CEO roles in an effort to appease Paul Singer's Elliott Management. Thursday they went even further in an effort to avoid defeat in a proxy contest set to reach its climax.
Last week, Hess agreed to split John Hess' chairman and CEO roles in an effort to appease Paul Singer's Elliott Management. Thursday they went even further in an effort to avoid defeat in a proxy contest set to reach its climax.
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