February 15, 2013 / 6:25 PM / 5 years ago

Majority of SandRidge board should be replaced -ISS

Feb 15 (Reuters) - A majority of SandRidge Energy Corp’s directors should be replaced, proxy advisory firm ISS said in a report on Friday.

“The apparent failures of stewardship on this board are legion,” ISS wrote in its report, citing among other factors the company’s weak capital discipline and compensation practices.

SandRidge shares rose 12 cents, or 2 percent, to $5.99 in afternoon New York Stock Exchange trading.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below