Proxy Adviser ISS Recommends Vote Against Leonardo CEO Liability Action - Yahoo Finance -BoardProspects

Proxy Adviser ISS Recommends Vote Against Leonardo CEO Liability Action

Yahoo Finance May 10 2021 BoardNews

MILAN (Reuters) -Proxy adviser ISS recommended on Monday that Leonardo shareholders vote against a liability action promoted by activist investor Bluebell against the Italian defence group's CEO citing "the absence of a sufficiently compelling rationale". Last year CEO Alessandro Profumo was sentenced in the first instance to six years imprisonment for false accounting in his previous role as chairman of Banca Monte dei Paschi di Siena...
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Topics Mentioned
- Board of directors
- ISS
- Activist
- Proxy Advisers
- Bluebell
- CEO
- resign
- Investor