ISS thumbs down on Takeda chief Weber

|About: Takeda Pharmaceutical ... (TAK)|By:, SA News Editor

Advisory firm Institutional Shareholder Services (ISS) reportedly will recommend against the reappointment of Takeda (NYSE:TAK) President & CEO Christophe Weber according to Nikkei. It will support a shareholder proposal for the adoption of a clawback clause that would recoup executive pay in the event of large losses and the disclosure of individual directors' pay.

The company's annual meeting is scheduled for June 27.

Subscribe for full text news in your inbox