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  "documentTitle": "Engine No. 1 | Activist Presentation Deck | 83 slides",
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  "authorName": "Engine No. 1",
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  "presentationDate": "2021-05-01 00:00:00",
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      "text": "Oberhelman: 6 years on board; Caterpillar underperformed S&P500 and competitors.",
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      "text": "Kandarian: 3 years on board; No commodity-linked, manufacturing, or technology industry experience.",
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      "text": "Palmisano: 15 years on board; IBM lost iconic status and was unprepared for tech changes.",
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      "text": "All three presided over ExxonMobil's ill-advised decision to chase oil and gas production growth over returns by dramatically increasing capex in March 2018, then again in 2019, and to re-affirm this strategy in 2020",
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      "text": "Excluded nominees bring little relevant experience and track records of value destruction as Board members",
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