Proxy Adviser Urges Goldman Sachs to Separate Chairman and Chief Executive Roles
Thursday, 4 April 2024, 11:55
Proxy Adviser ISS Urges Goldman Sachs for Separate Chairman and CEO Roles
In a recent development, Institutional Shareholder Services (ISS) has recommended that Goldman Sachs should split the roles of chairman and chief executive officer. ISS believes this separation would provide more independent oversight at the company.
The Need for Independence and Oversight
By having a separate chair, shareholders could benefit from enhanced governance and accountability within the organization. This move aligns with best practices in corporate governance and can lead to improved decision-making processes.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.