April 5, 2017 / 8:40 PM / 6 months ago

JPMorgan shareholders to vote again on separate chairman and CEO

A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/Files

NEW YORK (Reuters) - JPMorgan Chase & Co (JPM.N) shareholders will again vote on a proposal calling for the board to select a chairman who is not the company’s chief executive, according to a proxy statement filed on Wednesday for the company’s annual meeting on May 16.

The board said in the proxy that it is against the measure, which was proposed by a shareholder who contends that good corporate governance requires a independent chairman. The board and current Chairman and Chief Executive Jamie Dimon have defeated similar proposals in the past.

Reporting by David Henry in New York; Editing by Bill Trott

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