Pressure grows on K Line’s top men after disastrous first year for ONE

K-Line’s shareholders may flex their muscles at the forthcoming AGM, adding to increasing pressure on the line’s chairman and president to step down.
Advisory group Institutional Shareholder Services (ISS) has for the past three years argued that the carrier has underperformed and, upon request for advice, has suggested to shareholders that president Yukikazi Myochin and chairman Eizo Murakami should not be re-elected at the 21 June meeting.  
Hoewever, the carrier is fighting back, claiming that despite dire …

The post Pressure grows on K Line’s top men after disastrous first year for ONE appeared first on The Loadstar.

Source: The Loadstar

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