Ocado Directors Get Low Votes in Favor of Re-Election at AGM
May 13 2021 - 1:57PM
Dow Jones News
By Adriano Marchese
Ocado Group PLC said Thursday that an independent senior
director and nonexecutive director received low votes of approval
for their re-election at the company's annual general meeting.
The U.K. grocer said nonexecutive director Jorn Rausing and
senior independent director Andrew Harrison received 87.74% and
76.97% of the votes in favor, respectively.
The company said that it understands the primary reason for
opposition to Mr. Harrison's re-election related to the level of
gender diversity on the company board, for which Mr. Harrison as
the senior independent director was held culpable given that the
chairman wasn't standing for re-election.
"The board recognizes the importance of diversity and inclusion
in the boardroom and throughout the organization, and understands
that a diverse board will offer wider perspectives that ultimately
improve decision-making," it said.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
May 13, 2021 13:42 ET (17:42 GMT)
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