Glass Lewis supports Icahn's nominees in Illumina board shakeup.
TL;DR Summary
Proxy advisory firm Glass Lewis has backed activist investor Carl Icahn's bid to oust Illumina's CEO and chairman, citing concerns over the company's corporate governance and board of directors. Icahn has been pushing for changes at the gene sequencing company since last year, arguing that it has underperformed its peers and needs new leadership.
Topics:business#board-of-directors#business#carl-icahn#corporate-governance#illumina#shareholder-activism
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