Bank of America directors lose support from shareholders
Reuters - May 7th, 2015
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None received more than 71.9 percent of the votes cast, compared with each last year receiving at least 98 percent.
Shareholder advisory firm Institutional Shareholder Services had recommended voting against the four directors after their committee led the board in October to unilaterally change company bylaws to allow CEO Brian Moynihan to also be chairman of the board.
(Reporting by David Henry in New York; Editing by Christian Plumb)
A Bank of America sign is shown on a building in downtown Los Angeles, California January 15, 2014. Reuters/Mike Blake Trending On Reuters
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Bank of America directors lose support from shareholders
- Reuters
- May 7th, 2015
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