Large pension fund wants to clean up Maersk's board
Pension company KLP wants to remove Vice Chair Marc Engel due to a lack of women in the board. KLP also won’t sign off on the millionaires’ bonus for management.
by dag holmstad, translated by Christian Radich Hoffman
Norway’s largest pension company, KLP, is putting the Maersk board and management’s far-reaching salary and bonus program worth DKK 145m (EUR 19.4m) in the crosshairs.
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