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ISS recommends Cypress Semi shareholders withhold support for director
May 30, 2017 / 3:22 PM / 4 months ago

ISS recommends Cypress Semi shareholders withhold support for director

WASHINGTON, May 30 (Reuters) - An influential proxy adviser has recommended that shareholders of Cypress Semiconductor Corp. withhold their support from Eric Benhamou, the company’s lead independent board director.

Cypress Semi’s founder and former CEO, T.J. Rodgers is running a proxy contest against the company, seeking to replace Benhamou and Executive Chairman Ray Bingham.

Reporting by Michael Flaherty

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