Shareholder proxy voting agencies have recommended that investors vote against the re-election of both to the board, as they believe that Ashley wields too much influence over the board and that Hellawell does not provide effective oversight. Proxy voting agencies PIRC and ISS also have concerns over the firm’s treatment of employees and the appointment of Michael Murray, Ashley’s future son in law, to a senior role at the company.
Source: Daily Express :: Finance Feed https://ift.tt/2MWdBtz
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