
TOKYO -- U.S. proxy advisory firm Glass Lewis is urging shareholders to vote against Toshiba's board chairman and four other board nominees at the company's annual general meeting this month, after a probe into the conglomerate that has highlighted its governance issues.
Glass Lewis believes that the five candidates, including Osamu Nagayama, the board chairman, and audit committee chairperson Junji Ota, have failed to address Toshiba's alleged misconduct over last year's shareholders meeting.