Crown Castle shareholder Boots Capital Management announced that independent proxy advisory firm Glass Lewis has recommended that Crown Castle shareholders vote on Boots Capital’s Gold proxy card “for” the election of Boots Capital nominees Ted Miller and Charles Green, and “Withold” from Crown Castle’s nominees Cindy Christy and Ari Fitzgerald in connection with Crown Castle’s Annual Meeting to be held on May 22. In its report, Glass Lewis concluded that Boots Capital has “put forth a credible slate of nominees, as well as reasonable suggestions for the Company that we believe should earnestly warrant greater consideration by the Board” and there is “room for improvement at the Board level” at Crown Castle. In making its recommendation, Glass Lewis noted: “We believe shareholders should support the election of Dissident Nominees Miller and Green, both of whom are former executives of the company and appear to us to have extensive operational and execution experience in the tower industry…One-third of the company’s board still comprises long-tenured directors who we believe bear the responsibility for overseeing the Company’s extended period of underperformance and concerning governance missteps.”
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Read More on CCI:
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- Crown Castle urges shareholders to vote ‘FOR’ its director nominees
- Boots Capital sends letter to Crown Castle shareholders
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