Regulation
UAW Pension Fund Urges Mylan to Bolster Pay Policy
Pension wants firm to recoup incentive compensation from execs who behave badly.
Pension wants firm to recoup incentive compensation from execs who behave badly.
Although shareholders voted against Management Proposal 5, the directors remain.
New York City Pension Funds lead the charge against Management Proposal 5 with Glass Lewis, ISS’s endorsement as they prep for Mylan’s June 22 shareholder meeting.
Four pension funds say the drug maker has “reached new lows in corporate stewardship.”