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Mylan board faces pressure from pension funds

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MylanInvestors, including the New York City and State pension funds and the California State Teacher’s Retirement System, are urging shareholders to vote against Mylan (NSDQ:MYL) chairman Robert Coury and 5 other board members at the company’s upcoming annual meeting.

Coury was compensated with more than $97 million last year and some investors aren’t happy about it. The pensions funds are major institutional shareholders – together, they control 4.3 million shares of the EpiPen-maker.

Get the full story at our sister site, Drug Delivery Business News.

The post Mylan board faces pressure from pension funds appeared first on MassDevice.


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