Proxy adviser Glass Lewis recommends EQT shareholders vote for company's nominees

- Proxy adviser Glass Lewis & Co has recommended that investors in natural gas producer EQT Corp vote in favor of the company’s board nominees, putting it at odds with another proxy advisory firm which recommended voting in favor of a competing slate of directors proposed by Toby and Derek Rice.

The recommendation by Glass Lewis to vote in favor of all 12 of the company’s nominees comes after proxy advisory firm Institutional Shareholder Services on Friday advised EQT investors to vote in favor of all the nominees of shareholders Toby and Derek Rice. “EQT believes shareholders should question the merit of a 3% shareholder seeking to be CEO and replace management and a majority of the board,” the company said in a statement.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How Two Vermont Brothers Built, Trashed, Then Revived Their $1.8 Billion Waste Management CompanyJohn and Doug Casella overcame bad calls, a financial crisis and a proxy battle to lead one of the state’s best business comeback stories. CarterCoudriet
Source: Forbes - 🏆 394. / 53 Read more »