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Proxy advisory firm: Target investors should boot 7 of 10 board directors in wake of breach | Canadian Business

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CPG Connect | Status: is encouraging members to get involved i... Read more
Posted in May
Anne D'Innocenzio, The Associated Press

A prominent proxy advisory firm is recommending that Target shareholders vote out seven of its 10 board members after a massive data breach.

Institutional Shareholder Services on Wednesday targeted those members who serve on the company’s audit and corporate responsibility committee. Included on that list are Anne Mulcahy, former chair and CEO at Xerox, and James A. Johnson, who was once the CEO at Fannie Mae.

http://www.canadianbusiness.com/business-news/proxy-advisory-firm-target-investors-should-boot-7-of-10-board-directors-in-wake-of-breach/
 

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