Prysmian Revises Bylaws on Board Elections, Minority Representation
Bitget2026/10/22 09:02- Prysmian's bylaw amendments revise board elections, reserving 20% of seats for minorities, rounded up, when the outgoing board's slate wins.
- Board-sponsored slates require support from two-thirds of incumbent directors and must be filed at least 40 days before the shareholder meeting.
- Shareholders must vote individually on board-sponsored candidates when that slate wins, with seats allocated according to votes received.
- An independent director elected outside the board-sponsored slate must chair the internal control and risk committee when that slate wins.
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