1. Hess CEO Becomes Billionaire Following Singer Proxy Fight

    Hess CEO Becomes Billionaire Following Singer Proxy Fight

    A little more than a year after settling a proxy fight with Paul Singer’s Elliott Management Corp. over how to boost the shares of energy giant Hess Corp. (HES) , the company’s chief executive officer John B. Hess has become a billionaire as the stock hit a 5-year high this week...

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    1. Hess and others have embarked on an asset monetization strategy to simplify the corporate structure.
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