ISS recommended that shareholders support five Ancora nominees and seven Norfolk Southern nominees, but it recommended that shareholders withhold support from…
ISS recommended that shareholders support five Ancora nominees and seven Norfolk Southern nominees, but it recommended that shareholders withhold support from incumbent board chair Amy Miles.
Glass Lewis, the other influential proxy advisory firm, recommended that shareholders support six of Ancora's seven nominees earlier this week.shareholders support five of activist Ancora's seven board nominees, withholding an endorsement from CEO pick Jim Barber but describing him as a"credible director and CEO candidate nonetheless."
The proxy advisor recommended shareholders support CEO Alan Shaw's reelection to the board, but in a rebuke of NSC's existing governance, it said shareholders should not support current board chair Amy Miles. While the endorsement would not give Ancora control of the board, it would provide the dissident with a clear mandate to implement change.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
ISS endorses most of Ancora nominees for Norfolk Southern boardISS recommended that shareholders support five Ancora nominees and seven Norfolk Southern nominees, but it recommended that shareholders withhold support from…
Read more »
Activist Ancora endorsed by second Norfolk Southern union in proxy contestThe BLET Teamsters said they would back activist Ancora's efforts to oust Norfolk Southern CEO Alan Shaw in favor of new management.
Read more »
Glass Lewis endorses 6 of activist Ancora's nominees for Norfolk Southern boardNorfolk Southern shareholders should vote for activist Ancora’s nominees, proxy advisor firm Glass Lewis recommended, a strong sign of support ahead of a…
Read more »
Glass Lewis endorses 6 of activist Ancora's nominees for Norfolk Southern boardNorfolk Southern shareholders should vote for activist Ancora's nominees, proxy advisor firm Glass Lewis recommended, a strong sign of support ahead of a May 9 meeting.
Read more »
Teamsters union endorses activist Ancora in Norfolk Southern proxy fightThe activist at Norfolk Southern won support of the Teamsters union, a key endorsement as Ancora seeks to convince shareholders their plan is the right option.
Read more »
Norfolk Southern's earnings offer railroad chance to defend its strategy ahead of control voteWorkers will be moving thousands of priceless documents from the York History Center's old museum along East Market St. to its new location on North Pershing St.
Read more »