NEW YORK — Two proxy advisory firms here said Wal-Mart Stores shareholders should vote against several board nominees, including Mike Duke, chief executive officer, and Lee Scott, the companys former CEO.Both Institutional Shareholder Services and Glass Lewis & Co. made their recommendations following a New York Times report last month that said Wal-Mart had failed to fully investigate allegations of widespread bribery by company officials in Mexico — a period during which Scott was CEO and Duke headed Wal-Mart International. Wal-Marts annual meeting is scheduled for June 1.
via Proxy Firms Urge Vote Against WalMart Directors | Walmart content from Supermarket News.