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The election of Shari Redstone and three other directors to Paramount Global's board of directors should be blocked by shareholders, proxy firm ISS says.

Proxy adviser Institutional Shareholder Services said on Tuesday Paramount Global shareholders should vote against the re-election of four directors to the board, including the media company's chair ...

The election of Shari Redstone and three other directors to Paramount Global’s board of directors should be blocked by shareholders at the company’s upcoming annual meeting, a leading proxy ...

The recommendation is symbolic, because the Redstone family controls 77% of the voting shares of Paramount through a holding ...

ISS recommended Paramount Global shareholders symbolically vote against the reelection of Shari Redstone and three other directors to the board.

The election of Shari Redstone and three other directors to Paramount Global’s board of directors should be blocked by shareholders at the company’s upcoming annual meeting, a leading proxy firm says.

A vote against their re-election is warranted as the directors maintained a "problematic capital structure", ISS said in a report dated June 23, recommending votes against Redstone and governance ...