7 Target Board Members In ISS' Crosshairs Over Data Breach

Law360, New York (May 28, 2014, 6:00 PM EDT) -- Proxy advisory firm Institutional Shareholder Services Inc. on Wednesday recommended that Target Corp. overhaul its board of directors, urging shareholders to vote to oust seven of the retail giant’s 10 board members over their purported mishandling of the massive data breach at Target last year.

An ISS spokesman confirmed to Law360 on Wednesday that ISS is recommending that certain Target directors not serve on the audit and corporate responsibility committees.

In what’s been described as an unusual move by a proxy advisory firm, ISS compiled a report recommending that Target shareholders vote to oust seven directors, including Anne Mulcahy, former chair and...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!