© Reuters. FILE PHOTO: The logo of Toshiba Corp. is seen at the company’s facility in Kawasaki, Japan February 13, 2017. REUTERS/Issei Kato
TOKYO (Reuters) – Proxy advisers Institutional Shareholder Services Inc (ISS) and Glass Lewis have both recommended voting for the appointment of all Toshiba (OTC:) Corp director nominees, a source familiar with the matter said.
The list of directors includes two executives from hedge fund shareholders Elliott Management and Farallon Capital Management. The source declined to be identified as the matter is private.