Anheuser-Busch InBev criticized for lack of independent board

|About: Anheuser-Busch Inbev SA/NV (BUD)|By:, SA News Editor

Erste Asset Management thinks Anheuser-Busch InBev (BUD) lacks sufficient board independence.

The Austrian asset manager dropped A-B from its list of sustainable investments due to the perceived governance issues.

A few more independent directors on the company's board would solve the issue, according to Erste.