ISS Sides Against Two Tesla Directors, Backs Split of Musk's Roles
- 6 years ago
On Friday, the ISS recommended that investors vote against Tesla directors Antonio Gracias and James Murdoch, increasing pressure on the car maker over their roles on its board. ISS also backed two shareholder proposals to be voted on at the company’s annual meeting set for June 5. One proposal would require it to separate the current chairman and CEO roles of founder Elon Musk. The ISS recommend that investors vote for Musk’s brother and current director Kimbal Musk to run the board.