Muh Greenies

JPMorgan says Lee Raymond to leave board

(Reuters) - JPMorgan Chase & Co said on Friday that Lee Raymond had notified the bank of his intention to step down as a member of the its board at the end of the year.

The bank in September had appointed Stephen Burke to take over Raymond’s role as the lead independent director effective Jan. 1.

Raymond, the former chief executive officer at Exxon Mobil Corp, was the target of a vote-out campaign by environmental groups as he become the focus of criticism of JPMorgan’s climate record.

https://www.reuters.com/article/jp-morgan-moves/jpmorgan-says-lee-raymond-to-leave-board-idUSKBN28S22M