US investor adviser urges AGM to vote against Toshiba nominees

us investor adviser urges agm to vote against toshiba nominees

Sumary of US investor adviser urges AGM to vote against Toshiba nominees:

  • Glass Lewis believes that the five candidates, including Osamu Nagayama, the board chairman, and audit committee chairperson Junji Ota, have failed to address Toshiba’s alleged misconduct over last year’s shareholders meeting..
  • Glass Lewis has also recommended shareholders to vote against Nobuyuki Kobayashi, Takashi Yamauchi and Ayako Hirota Weissman, who have all been serving on either Toshiba’s audit or nominating committee….

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