GENERAL ELECTRIC COMPANY | Independent board chairman at GENERAL ELECTRIC COMPANY
How other organisations have declared their voting intentions
Organisation name | Declared voting intentions | Rationale |
---|---|---|
Anima Sgr | For | A vote FOR this proposal is warranted given the importance of having an independent board chair. (item 5 according to my agenda). Although Sustainability Advisory Services recognizes that many companies maintain the combined posts of chairman and CEO and perform well with this arrangement, many shareholders believe that it is preferable to separate these positions. The board is responsible for overseeing management and instilling accountability, and conflicts of interest may arise when one person holds both the chairman and CEO positions, thereby leading both the management team and the board which oversees it. Effective board oversight may be enhanced by independent leadership. |
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