Also categorized in BoardNews:
Germany's Corporate Governance Problem
x hide permanently

Pension Funds Push for Mylan to Remove Chairman and a director

After Mylan shareholders last week rebuked the drug maker by voting against executive compensation, three large pension funds are now calling for Mylan to remove its non-executive chairman and a director in hopes of restoring confidence in the beleaguered board. In explaining their reasoning, the funds pointed to an “astounding” 83.5 percent of shareholders who did not support executive pay, including a controversial, $97 million package given to non-executive chairman Robert Coury...

Mentions: Board Chair Mylan stock options