ISS backs considered one of Icahn’s nominees for Illumina By Reuters
© Reuters. FILE PHOTO: Flags wave in entrance of Illumina’s international headquarters in San Diego, California, U.S., November 28, 2022. REUTERS/Mike Blake
(Reuters) -Proxy advisory agency Institutional Shareholder Companies (ISS) on Friday advisable that gene-sequencing big Illumina Inc (NASDAQ:)’s shareholders vote for activist investor Carl Icahn’s nominee Andrew Teno.
Teno has served on the boards of FirstEnergy (NYSE:) and Southwest Fuel (NYSE:) and ISS advisable that he change Illumina’s Chairman John Thompson.
ISS, nonetheless, advisable towards the others nominated by Ichan and advisable shareholders withhold help from Thompson and dissident nominees Vincent Intrieri and Jesse Lynn.