US - Proxy advisors Institutional Shareholders Services (ISS) has supported a proposal that would give large investors in Hewlett Packard more say over who sat on the board and also increase board accountability.
The US$235bn California Public Employees’ Retirement System (CalPERS) – which owns CalPERS 16.5 million HP shares - has been one of the most vocal supporters of Proposal 3, which was also supported...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here