The five nominees put forth by Elliott Management to join Hess' (HES) board say they have waived...

|About: Hess Corporation (HES)|By:, SA News Editor

The five nominees put forth by Elliott Management to join Hess' (HES) board say they have waived their right to receive compensation payments from Elliott, an attempt to woo shareholders just three days before Hess' annual meeting. "Despite a premier collection of assets, the company has failed to convert these advantages into real returns for shareholders," they say.