Advertisement
UK markets closed

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     

  • AIM

    755.28
    +2.16 (+0.29%)
     

  • GBP/EUR

    1.1679
    +0.0022 (+0.19%)
     

  • GBP/USD

    1.2494
    -0.0017 (-0.13%)
     

  • Bitcoin GBP

    50,330.40
    -1,161.20 (-2.26%)
     

  • CMC Crypto 200

    1,316.42
    -80.11 (-5.72%)
     

  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     

  • DOW

    38,239.66
    +153.86 (+0.40%)
     

  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     

  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,161.01
    +243.73 (+1.36%)
     

  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

Siemens should be more open over succession planning - Hermes EOS

Reuters - UK Focus

LONDON, Jan 25 (Reuters) - Shareholder advisor Hermes EOS said on Monday it wanted German industrial firm Siemens (Berlin: 29783751.BE - news) to be more open at the firm's annual general meeting this week about plans to reshuffle the supervisory board.

Hermes EOS first raised concerns about the composition and work of Siemens (BSE: SIEMENS4.BO - news) ' supervisory board at its 2014 annual general meeting, and said in a statement on Monday the firm was "taking steps in the right direction".

It (Other OTC: ITGL - news) said it would vote for the early re-election of three members of the supervisory board at the AGM on Jan. 26.

Hermes EOS also said it would request "more tangible evidence" that Siemens' ownership culture programme was having an impact on employees' behaviour.

Hermes EOS, owned by Hermes Investment Management, advises on 146.6 billion pounds ($208.99 billion) of assets on behalf of some of the world's leading pension funds. ($1 = 0.7015 pounds) (Reporting by Carolyn Cohn; editing by Simon Jessop)