Proxy adviser ISS continues recommendation against appointing Toshiba board chairman Nagayama


Reuters | Tokyo | Updated: 14-06-2021 11:25 IST | Created: 14-06-2021 11:07 IST
Proxy adviser ISS continues recommendation against appointing Toshiba board chairman Nagayama
Toshiba Image Credit: ANI
  • Country:
  • Japan

Proxy adviser ISS said on Monday that it continued to recommend voting against appointing Toshiba Corp board chairman Osamu Nagayama amid the company's corporate governance crisis.

Nagayama has ultimate responsibility for the conduct of the rest of the board, ISS said, even after Toshiba said two board nominees are stepping down.

Also Read: Probe concludes Toshiba, with government, sought to pressure shareholders at AGM

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