15 hours ago
Paramount Investors Shouldn't Back Shari Redstone as Director, ISS Says
Institutional Shareholder Services told clients to not support the reelection of four Paramount Global directors, including Shari Redstone.
The proxy adviser said the no votes were warranted because the directors had allowed the company to maintain a 'problematic capital structure.' ISS recommended shareholders vote against three of the directors who serve on the compensation committee because it has issues with Paramount's executive pay plans.
