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CGI Glass Lewis urges investors to vote against AMP directors

Influential proxy advisers CGI Glass Lewis have reversed a decision to spare the embattled AMP board at the firm's shareholder meeting on May 10, and has sided with major super funds preparing to vote against the directors.

Following a series of meetings on Tuesday, CGI sent out a revised report late that evening which recommended against the reelection of the three AMP directors who face re-election - Holly Kramer, Vanessa Wallace and Andrew Harmos.

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Patrick Durkin is Melbourne bureau chief and BOSS deputy editor. He writes on news, business and leadership. Connect with Patrick on Twitter. Email Patrick at pdurkin@afr.com
Alice Uribe writes on Financial Services and Insurance

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    Original URL: https://www.afr.com/business/banking-and-finance/financial-services/cgi-glass-lewis-urges-investors-to-vote-against-amp-directors-20180425-h0z8u8