Proxy Firm Forces Shuffle of Proposed Osisko Mining Board - Home - The Globe and Mail -BoardProspects

Proxy Firm Forces Shuffle of Proposed Osisko Mining Board

Home - The Globe and Mail Jun 25 2018 BoardNews

Junior gold-exploration company Osisko Mining Inc. is making changes to its proposed board of directors slate, days before its annual meeting, after shareholder proxy firms Institutional Shareholder Services (ISS) and Glass Lewis & Co. raised governance concerns about a lack of director independence...
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Quotes
1. Directors affiliated with the company or its management may suffer from conflicts of interest and may be unwilling or unable to set company strategy independent of management.
2. A percentage of CEO long-term equity compensation should be linked to the performance of the business, which may be measured on an absolute or relative basis.
Topics Mentioned
- CEO
- AMP
- stock options
- ISS
- Glass Lewis
- Chairman
- Annual Meeting
Authors
- Globeandmail