Friday, April 08, 2005

ISS Opposes Buffett for Coke Board

The legendary investor, who has served on the Coca-Cola's board since 1989, received 16 percent ''no'' votes last year after the proxy advisory firm issued a similar recommendation.

Stephen Taub, CFO.com

Institutional Shareholder Services is recommending that Coca-Cola Co. shareholders vote against the election of Warren Buffett to the board of directors because his business ties pose a conflict of interest, according to Bloomberg.

See full Article.