(Bloomberg) -- The New York City official in charge of protecting the city’s pension funds for teachers, firefighters, police and city employees wants Mylan NV to name an independent chairman, saying the recent controversy over the price of the EpiPen allergy shot is an example of the board’s failure to oversee risk.
“Mylan’s gross mismanagement of its EpiPen pricing strategy exacerbates the company’s protracted history of weak board oversight,” New York City Comptroller Scott Stringer said in a letter Thursday to Mylan director Douglas Leech, who chairs the nominating and governance committee.
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