Legion Partners received a third party recommendation in its proxy war with Genesco when Glass Lewis endorsed the investment firm’s director nominees Dawn H. Robertson and Hobart P Sichel. Legion, which holds about 5.9% of outstanding GCO shares, highlighted Glass Lewis’ assessment that “Genesco’s defense of its longest serving directors quickly falters under the weight of the Company’s dour metrics” and calls for “an incremental degree of board change at this time.” The proxy advisory firm backed Robertson on previous turnaround strategy experience, citing Myer Department Stores and Stein Mart, a skillset needed to address fundamental operational concerns at GCO. ... Log in to view full article.