Leading independent proxy advisory firm glass lewis recommends that huntsman shareholders vote "for all" of huntsman's highly qualified director nominees
The woodlands, texas, march 13, 2022 /prnewswire/ -- huntsman corporation (nyse: hun) today announced that leading independent proxy advisory firm glass lewis has recommended that shareholders vote "for all" of huntsman's director nominees on the white proxy card at its 2022 annual meeting of stockholders ("annual meeting") scheduled to be held on march 25, 2022. with less than two weeks before the annual meeting, glass lewis concluded1: "…in considering whether the dissident's campaign represents an opportunity to further enhance the composition of the board, we would first note our belief that starboard's four alternative nominees, as a slate, are inferior to the four directors targeted for replacement… given the implications of the two proxy-card system, as well as our determination that starboard has not satisfied the first criterion of our framework for contested elections, we do not believe sufficient cause exists for investors to vote on the dissident's proxy card.
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