In the Margins
J.P. Morgan Chase & Co. will consider giving certain big investors the chance to nominate members to its board, potentially joining a long list of U.S. companies opening up corporate elections this year. The change to the bank’s bylaws will be considered at the next board meeting and would give shareholders the right to place their director nominees in the firm’s proxy statement—specifically allowing investors to nominate up to 20% of the board. Read the original story from MarketWatch.
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