Lawyer received 70% of SoftBank shareholder votes at AGM By Reuters

June 25, 2021 admin Stock News 0

© Reuters. FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo

TOKYO (Reuters) – SoftBank Group Corp shareholders voted 69.77% in favour of electing lawyer Ken Siegel to the conglomerate’s board at this week’s annual shareholder meeting.

The lower approval vote than other appointments comes after proxy adviser Glass Lewis urged https://www.reuters.com/article/softbank-group-corporate-governance-idCNL3N2NQ095 shareholders to oppose the election due to Siegel’s professional ties to SoftBank.

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