Starbucks Corporation is set to become the latest company to face a proxy contest after a coalition of labour unions nominated directors for election to its board due to concerns over the firm’s approach to labour rights.
Read MoreHermes, the fund manager owned by British Telecom Pension Scheme, has filed a shareholder countermotion in which it calls for shareholders not to elect Klaus Wucherer as the Chairman of the Supervisory Board but to appoint Willi Berchtold instead. Mr. Wucherer has served on the Supervisory Board since 1999 and hence contributed to its work […]
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