JPMorgan Chase & Co shareholders will again vote on a proposal calling for the board to select a chairman who is not the company's chief executive.
This is according to a proxy statement filed last night 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 an independent chairman.
The board and current Chairman and Chief Executive Jamie Dimon have defeated similar proposals in the past.
A year ago, a similar proposal received only 32.6% of votes cast at the annual meeting of the company, which is the biggest US bank by assets.
The biggest share the measure has won recently was 40% in 2012.
Bank of America, the second-biggest US bank, also has one person who is both chairman and chief executive and will hold a vote on a similar shareholder proposal on April 26.
Wells Fargo & Co and Citigroup, the third and fourth biggest US banks, have different people in the two roles.
