Dec 18 (Reuters) - Diversified manufacturer Ingersoll-Rand Co Ltd said it will seek shareholder approval to amend its by-laws on the election of directors to implement majority voting of nominees for the position. The Hamilton, Bermuda-based company said it will also hold a "say-for-pay consultation plan" with large shareholders in the third quarter of each year on its corporate governance practices, including executive compensation. (Reporting by Aditi Samajpati in Bangalore)
Premium Content (PAID Subscription Required)
"Ingersoll-Rand seeks to start majority voting for directors" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.