NYSE:BWAAuto Components
BorgWarner Vote Tests Shareholder Consent Rights And Support For Board
A shareholder proposal giving investors the right to act by written consent has been submitted at BorgWarner ahead of the upcoming annual meeting.
BorgWarner's board has recommended a vote against the proposal, creating a clear split between management and the proponent.
The outcome could influence how NYSE:BWA shareholders exercise governance rights between annual meetings.
BorgWarner, trading as NYSE:BWA, is entering the annual meeting with governance in focus and a share price of $56.12...