GM says ISS advises against Greenlight share plan, board nominees

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Go back to GM says ISS advises against Greenlight share plan, board nominees

ISS & Glass Lewis Recommend General Motors (GM) Shareholders Vote for GM Board Nominees Plus Vote Against Greenlight Capital Proposals

May 30, 2017 4:40 PM EDT

GM (NYSE: GM) today reminded shareholders that both ISS and Glass Lewis have recommended conclusively that GM shareholders vote the WHITE proxy card FOR ALL of the GM Board's director nominees and AGAINST the Greenlight proposal for three key reasons:

GM's Board and management are already driving transformational change and creating value for shareholdersThe advisory services disagree with key Greenlight assumptions regarding the value creation potential of its proposalEach advises that the Greenlight nominees are definitively linked to Greenlight's high-risk proposal

In its latest... More