Advisory firm ISS recommends vote against Toshiba chairman

Advisory firm ISS recommends vote against Toshiba chairman

The Star Online - Tech·2021-06-12 21:01

TOKYO (Reuters) - Toshiba Corp shareholders should vote against the re-appointment of board chairman Osamu Nagayama and four other directors, shareholder advisory firm ISS recommended on Saturday.

The recommendation by Institutional Shareholder Services Inc (ISS) follows an explosive, shareholder-commissioned investigation that accused Toshiba of colluding with the Japanese government to pressure foreign investors.

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