1. Costco Shareholders to Vote on Limiting Directors’ Time on Bboard

    Costco Shareholders to Vote on Limiting Directors’ Time on Bboard

    Costco Wholesale shareholders will have to decide next month whether many long-serving members of the company’s board are too entrenched in their seats — right now their average tenure is 16 years...

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    1. There is widespread concern that long-tenured directors may form relationships with the company and its management that can compromise their independence.
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