Boeing CEO Dennis Muilenburg currently serves as an independent director of the company's board.
ISS says the board needs an independent chairman if it wants to weather the crisis that has seen the 737 Max, its best-selling plane, grounded worldwide for more than a month.needs a board chairman independent of the aerospace company's c-suite if it wants to survive the international crisis that has grounded its best-selling plane for more than a month, a major shareholder advisor is warning.
Institutional Shareholder Services, or ISS, urged investors earlier this month to vote against CEO Dennis Muilenburg's reinstatement as executive chairman and instead opt for an independent board chairman at the company's annual meeting on April 29. "Support is warranted for the proposed policy to require an independent board chair, as shareholders would benefit from the most robust form of independent oversight to ensure that the company's management is able to regain the confidence of regulators, customers and other key stakeholders," the proxy advisor said in a report.
just one? All the others have no issues with having killed hundreds of people just to save some money?