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Glass Lewis backflip prompts AGM proxy process questions

It is one thing to have a view, it is another to stand behind it. How much work goes into some of these proxy recommendations?

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Olive oil producer Cobram Estate Olives’ proxy battle is all over before game day – proxy giant CGI Glass Lewis has waved the white flag.

In a stunning backflip, CGI Glass Lewis is now telling clients to re-elect Cobram Estate co-founder and chairman Rob McGavin to the group’s seven-person board.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/glass-lewis-backflip-prompts-agm-proxy-process-questions-20241021-p5kk35