HONOLULU--(BUSINESS WIRE)--UNITE HERE Local 5 is adding to its body of work advocating for shareholders and good corporate governance with the release of a new report. UNITE HERE Local 5’s report is a case study approach that draws on industry news media and SEC sources. The report looks at the tenure of one board director at two companies, Ms. Hope S. Taitz’s board membership at Athene Holding Ltd. and Diamond Resorts International. The UNITE HERE Local 5 research summarizes the companies’ board of directors’ approach to issues like director independence requirements under New York Stock Exchange rules and avoiding appearances of conflicts of interest.
UNITE HERE Local 5’s account of Ms. Hope Taitz and the companies’ decision making is an example that should be studied by stakeholders. UNITE HERE Local 5’s report should motivate readers to take a critical look at their corporate governance practices and avoid creating any appearance of impropriety.
UNITE HERE Local 5’s report is available on its website at www.DiamondResortsWatch.org/HopeReport.
Local 5 is part of UNITE HERE International, which represents over 300,000 members in the hospitality, food service and gaming industries in North America. Local 5 and UNITE HERE have a long history of shareholder and consumer advocacy.