In return for avoiding a vote on the resolution at its springtime annual meeting, Bank of America agreed to produce a report on its corporate culture and business practices, said Seamus Finn, chair of the Interfaith Center on Corporate Responsibility. Bank of America spokesman James Mahoney confirmed the deal with the activist group.
Published in TZ Latest News 14 January, 2015 by The TZ Newswire Staff
Bank of America strikes deal to avoid activist resolution on chairman role
Published in TZ Latest News 14 January, 2015 by The TZ Newswire Staff
Bank of America strikes deal to avoid activist resolution on chairman role
In return for avoiding a vote on the resolution at its springtime annual meeting, Bank of America agreed to produce a report on its corporate culture and business practices, said Seamus Finn, chair of the Interfaith Center on Corporate Responsibility. Bank of America spokesman James Mahoney confirmed the deal with the activist group.