© Reuters. The logo of Toshiba Corp. is seen at the company’s facility in Kawasaki, Japan June 10, 2021. REUTERS/Kim Kyung-Hoon
TOKYO (Reuters) – U.S. proxy advisory firm Glass Lewis has urged shareholders to vote against the re-appointment of Toshiba (OTC:) Corp’s board chairman Osamu Nagayama and four others nominated to the board by the company, the business daily reported on Friday.
Glass Lewis recommended opposing the re-appointment of Junji Ota, chairman of Toshiba’s audit committee, the Nikkei said.
Toshiba is due to hold its annual general shareholders’ meeting on June 25.
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