Denying Global Warming Bad For ExxonMobil's Reputaion

PR trade publication O'Dwyer's PR Daily reports: "Robert Monks, Chairman of LENS Investment Management and Ram Trust Services, has filed a resolution calling for the separation of the Chairman and CEO positions at ExxonMobil because he believes the current holder of the posts, Lee Raymond, and his denial of the global warming problem is destroying the reputation of the energy giant. Monks says Raymond's 'extreme position' and negative public image is the reason that ExxonMobil's stock is 'undervalued compared to its peer group when it should be at a premium.'"