Vanguard Group is taking a tougher stance against directors of public companies holding what it perceives to be too many board seats
The world’s second-largest asset manager plans to vote, in most cases, against corporate executives running for two or more public-company board seats beyond where
they are employed, a Vanguard spokeswoman said. Vanguard said it would generally vote against other board candidates seeking more than four board seats at one time.
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