NEW YORK, June 16 — Proxy adviser Institutional Shareholder Services Inc (ISS) yesterday urged Tesla Inc shareholders to vote against the re-election of chairwoman Robyn Denholm at the electric carmaker's annual meeting next month. The firm expressed concerns over Denholm's leadership, citing...
Image of Tesla Inc chairwoman Robyn Denholm from Youtube video: Nurturing conflict to improve collaboration — Robyn Denholm, COO, Telstra.
The firm expressed concerns over Denholm's leadership, citing consecutive years of high compensation for directors, without a reasonable rationale, and a steep rise in share pledging by certain Tesla directors and executives, during her time. “The significant number of pledged shares raises concerns regarding the audit committee's ability to effectively oversee risk at the company,” ISS said.
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