Financial Institutions urges shareholders to follow recommendations of ISS
Financial Institutions announced that it has sent a letter to shareholders, together with a BLUE proxy card, urging them to follow the recommendations of the two leading, independent proxy advisory firms, Institutional Shareholder Services and Glass, Lewis & Co. In the letter, the company wrote, "We are very pleased that the two leading independent and highly reputable proxy advisory firms, ISS and Glass Lewis, carefully reviewed the voting alternatives and came to the same conclusion in recommending that shareholders should vote FOR ALL four of FISI's highly-qualified and very experienced director nominees on the BLUE proxy card. We are also pleased that in making their recommendations, both ISS and Glass Lewis recognized that your Board's strategic plan has been producing superior returns for shareholders over the last three years. Delivering value to our shareholders remains our top priority. We believe that our strategic plan will continue to drive growth and profitability and create superior value for shareholders and its success has been demonstrated by numerous measures of FISI's overall performance."