“No one individual should have unfettered powers of decision,” PIRC said, adding that “combining the two roles in one person represents a concentration of power that is potentially detrimental to board balance, effective debate, and board appraisal.” Pensions & Investment Research Consultants (PIRC) has advised investors in Boeing to reject the reappointment of Dennis A. Muilenburg as the company's chairman and CEO. The firm said that while it is not recommending a vote against Boeing's current CEO, its analysis shows there are significant risks associated with his continued leadership.
Pensions & Investment Research Consultants (PIRC) has advised investors in Boeing to reject the reappointment of Dennis A. Muilenburg as the company's chairman and CEO. The firm said that while it is not recommending a vote against Boeing's current CEO, its analysis shows there are significant risks associated with his continued leadership.