May 17, 2013 at 17:01 PM EDT
Pension Funds, Institutional Investors Aiming At JPMorgan
Hedge fund manager Daniel Loeb is trying to shake up Sony (SNE). Elliot Management succeeded in splitting the CEO and chairman roles at Hess (HES). David Einhorn demanded Apple (AAPL) return more cash to investors. But it's not just activist investors agitating, especially in the case of big banks. Many pension funds and other traditionally more-passive institutions are mounting a campaign to break up the CEO and chairman posts
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