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Pro-Palestinian encampment at Dalhousie University - May 13, 2024 | SaltWire #news #halifax #protestNEW YORK - Proxy advisory firm Glass Lewis on Tuesday recommended Crown Castle investors elect two activist director candidates, including the wireless tower owner's co-founder and former chief executive officer, Ted Miller, to the board.
Miller's Boots Capital has"put forth a credible slate of nominees, as well as reasonable suggestions for the company that we believe should earnestly warrant greater consideration by the board," the Glass Lewis report said.Glass Lewis' bigger rival, Institutional Shareholder Services, backed all company directors and none of Boots Capital's candidates, arguing there is no need for more change now after the company reacted quickly to criticisms in 2023.
Miller and Boots Capital also wanted a review of the fiber business and argued that he and his partners should join the board so they could help find a buyer for the business and assist the company in upgrading its tower assets.
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