It was learned on the 27th that Glass Lewis, a major US proxy advisory firm, recommended opposing Chubu Electric Power's proposal to reappoint Chairman Tetsuya Katsuno to the board of directors at its annual general shareholders' meeting in June. The firm cited concerns regarding corporate governance. It had been revealed earlier that another major US firm had recommended opposition.
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It was learned on the 27th that Glass Lewis, a major US proxy advisory firm, recommended opposing Chubu Electric Power's proposal to reappoint Chairman Tetsuya Katsuno to the board of directors at its annual general shareholders' meeting in June. The firm cited concerns regarding corporate governance. It had been revealed earlier that another major US firm had recommended opposition.