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Consumer group protests Amazon, says ‘Bezos needs a boss’

May 30, 2018


SumOfUs cites experts, including proxy advisory firm Glass Lewis, along with academic research, supporting the notion that an independent board chair is better able to oversee executives and set a pro-shareholder agenda “without the management conflicts that exist when a CEO or other executive also serves as chairman,” according to the release. Separating the two roles is par for the course in Europe and for 51% of S&P 500 boards, according to SumOfUs.

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