Welcome back, Crosshairs followers! About 43% of participating shares voted against reelecting Limelight Networks Inc. (LLNW) director Jeffrey Fisher at a meeting June 9, a pretty large vote of opposition for the former CEO of Sprocket Networks Inc.
At the same time, shares of the Tempe, Ariz.-based content delivery network services company and Crosshairs member continue a steady decline.
Meanwhile, Michael Wirth, the CEO of Chevron Corp. (CVX), another Crosshairs member, continues to insert himself into the public debate, reportedly insisting June 7 that Europe’s plan to expand renewable fuels in response to rising gas costs could have the unintended short-term effect of hiking prices and slowing down the energy transition. How will ESG investment voters view those comments?
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