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Vanguard to Take Tougher Stance Against Overextended Board Members

wsj.com

Vanguard Group is taking a tougher stance against companies whose board members it believes are stretched too thin.

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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