Apple CEO Succession Plan Gets Backing From ISS
February 03, 2011 at 14:09 PM EST
An Apple Inc. (AAPL) shareholder proposal requiring the company to disclose a succession plan for CEO Steve Jobs gained the support of Institutional Shareholder Services, a proxy-advising service. ISS, which helps institutional investors decide how to vote on shareholder propositions, wants Apple’s board to disclose a CEO succession plan annually, according to a report released [...]