The AFSCME labor union that brokered a deal in which Goldman Sachs (GS) agreed to appoint a new...

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor

The AFSCME labor union that brokered a deal in which Goldman Sachs (GS) agreed to appoint a new lead director isn't happy with the firm's choice of James Schiro, objecting because Schiro also is a lead director at Pepsico (PEP) where executive compensation isn't tied to company performance and multiple classes of stock aren't "friendly to shareholder rights."