Glass Lewis Advises Against Re-Appointment of Toshiba Board Chairman
US proxy advisory firm - Glass Lewis, has urged shareholders to vote against the re-appointment of Toshiba’s board chairman - Osamu Nagayama and four other individuals nominated to the board by the company.
The company suggested opposing the re-appointment of Junji Ota, chairman of Toshiba's audit committee, the Nikkei source further said.
Toshiba’s annual general shareholders' meeting is to take place on June 25.
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