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US: Navistar shareholders reject Teamsters proposal

At Navistar International's annual meeting, the company's shareholders rejected a proposal submitted by the International Brotherhood of Teamsters to require shareholder approval for certain future severance agreements with senior executives. The company's board had recommended shareholders vote against the Teamsters proposal, stating that such a proposal would limit the company's ability Subscribe to Automotive World … Continued

At Navistar International's annual meeting, the company's shareholders rejected a proposal submitted by the International Brotherhood of Teamsters to require shareholder approval for certain future severance agreements with senior executives.

The company's board had recommended shareholders vote against the Teamsters proposal, stating that such a proposal would limit the company's ability

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https://www.automotiveworld.com/articles/85902-us-navistar-shareholders-reject-teamsters-proposal/

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