Published 2 years ago

Over 20% of Toshiba investors against activist fund execs, dissident director

Summary by Ground News

More than 20 per cent of Toshiba Corp shareholders voted against a dissident external director and two board directors from activist hedge fund investors. Such a level of opposition to company-backed candidates remains rare in Japan. Last year, Toshiba shareholders voted out the then-board chairman in a rebuke of the company.

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Reuters

Over 20% of Toshiba investors against activist fund execs, dissident director

TOKYO - More than 20% of Toshiba Corp shareholders voted against a dissident external director and two board directors from activist hedge fund investors, final voting results showed on Thursday. Such a level of opposition to company-backed candidates remains rare in Japan, although cases of rejection are on the rise as shareholder activism has begun to take root. Last year, Toshiba

2 years ago·United Kingdom

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Channel News Asia

Over 20% of Toshiba investors against activist fund execs, dissident director

TOKYO : More than 20 per cent of Toshiba Corp shareholders voted against a dissident external director and two board directors from activist hedge fund investors, final voting results showed on Thursday.Such a level of opposition to company-backed candidates remains rare in Japan, although cases of reject

2 years ago·Singapore

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