Mps, the ISS proxy advisor suggests voting for the board of administrators listing | EUROtoday

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The proxy advisor ISS suggests voting on the board of administrators listing on the MPS assembly. «While recognizing the deserves of the listing» of Plt Holding (which proposes the present CEO Luigi Lovaglio on the listing) «and the validity of some arguments put ahead by the proposer, a whole renewal of the board on this section, along with the reinstatement of the outgoing CEO, doesn’t characterize a sufficiently convincing proposal at this second», explains Iss, based on which within the «present context, which is way from splendid, the issues referring to the composition» of the board of administrators should be addressed «by means of a selective vote, candidate for candidate.”

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The ISS proxy advisor suggests to MPS shareholders not to support the presidential candidate Nicola Maione in the second vote to which the board of directors’ list will be subjected if it is successful, while advising them to vote in favor of the election of the CEO candidate Fabrizio Palermo. In the proxy advisor’s report it is suggested to reject the current president of the nominations committee Domenico Lombardi, the current councilor Alessandro Caltagirone and the candidate Elena De Simone. In addition to these names, which appear among the first 12 on the board of directors’ list (Maione first, Caltagirone fifth, Lombardi sixth and De Simone eleventh), the proxy suggests rejecting the last four: Gianmarco Montanari, Simonetta Iarlori, Francesca Pace, Rosa Cipriotti. Among the twelve names to vote in favor of, there are also Corrado Passera and Carlo Vivaldi.

https://www.ilsole24ore.com/art/mps-proxy-advisor-iss-suggerisce-voto-la-lista-cda-AId8knFC