According to C|Net, an advisory service to institutional investors issued a recommendation today that its clients vote against the re-election of three of Yahoos board members. One of the members recommended for ouster is Roy Bostock, the current chairman of Yahoo. Yahoo Chairman Roy Bostock and directors Ron Burkle and Arthur Kern, all of whom sit on the compensation committee, received a thumbs down from influential institutional investor Glass Lewis & Co. Glass Lewis, as well as RiskMetrics and Proxy Governance, issue recommendations to their clients on how to vote on proxy matters Comments ...
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