FILE PHOTO: Dennis Muilenburg, president and chief executive officer of The Boeing Company, introduces himself during a dinner with business leaders hosted by U.S. President Donald Trump at Trump National Golf Club in Bedminster, New Jersey, U.S., August 7, 2018. REUTERS/Leah Millis/File Photo
(Reuters) – Shareholder advisory firm Institutional Shareholder Services Inc (ISS) has urged Boeing Co to split the role of chairman and chief executive officer, currently held by Dennis Muilenburg.
“Shareholders would benefit from the most robust form of independent oversight to ensure that the company’s management is able to regain the confidence of regulators, customers and other key stakeholders,” ISS said in a note.
Reporting by Sanjana Shivdas in Bengaluru; Editing by Arun Koyyur