…Three of the six public companies that employ Thompson as a board member received “F” grades and one received a “C” grade this year from GMI Ratings, which rates companies for their environmental, social and governance risks that could affect corporate performance.
GMI is a respected rating agency that advises institutional investors and corporations.
The other public companies that employ Thompson as a board member were too small to receive a letter grade. The companies were criticized for a variety of actions, including poor disclosure practices, restricting shareholder rights, having board members who serve on multiple corporate boards and overpaying top executives.
“Very, very few companies in our universe of 5,500 companies receive ‘F’s,” Hodgson said…
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