ISS recommends investors vote for Cushman & Wakefield redomiciliation proposal

Cushman & Wakefield announced that independent proxy advisory firm Institutional Shareholder Services has recommended that the company’s shareholders vote “FOR” all of the company’s proposals in connection with the company’s intention to change its place of incorporation from England and Wales to Bermuda. The company’s board of directors is recommending that shareholders vote in favor of all its proposals to redomicile to Bermuda to facilitate shareholder value creation. “We are pleased that ISS is recommending in favor of redomiciling our parent company from England and Wales to Bermuda, an important step forward in our efforts to reduce administrative burdens and costs, and maintain strong corporate governance, a stable corporate structure, and capital flexibility,” said Michelle MacKay, CEO of Cushman & Wakefield.