Reported 11 months ago
Swedish landlord SBB faces backlash as proxy adviser ISS recommends voting against the appointment of a new chairman at the upcoming annual general meeting due to concerns of overboarding and lack of gender diversity on the board. ISS also suggests voting against the reelection of certain directors. The company, undergoing a restructuring to address its debt, could face challenges at the Stockholm meeting on June 28. Shareholders' stance on other agenda items, such as discharge of directors' liability, remains uncertain, while the Swedish Shareholders' Association evaluates past management decisions before determining its voting position.
Source: YAHOO