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Stock Market News

Glass Lewis recommends Aerojet investors back CEO in proxy contest

06/22/2022

Less than a minute

2022.06.22 02:37

BOSTON (Reuters) – Glass Lewis on Tuesday backed Aerojet Rocketdyne Holdings (NYSE:AJRD) Inc CEO’s eight-person board of directors slate, becoming the second proxy advisory firm to recommend against the U.S. rocket maker’s executive chairman as he seeks control of the board.

Chief Executive Eileen Drake and Warren Lichtenstein, the executive chairman, each proposed eight director candidates to sit on the board.

Investors will vote on director candidates on June 30.

Source

06/22/2022

Less than a minute