Pensions & Investments: Trillium Votes Against Berkshire Hathaway Board Due to Lack of Any Minority Representation
Pensions & Investments recently published an article about how investors were voting their Berkshire Hathaway proxies at the company’s shareholder meeting, which took place this past weekend.
Barry B. Burr writes:
“Berkshire Hathaway Inc. faces opposition to the re-election of directors from CalSTRS, Florida State Board of Administration and Trillium Asset Management, according to their proxy voting disclosures…Trillium Asset Management will vote against the election of all 11 directors, including Warren E. Buffett, chairman and CEO… Trillium opposes all of the directors because of a lack of any minority representation on the board, said Jonas Kron, Trillium senior vice president-director shareholder advocacy.”
You can read the entire article here.