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People & Business :: Companies
Ferro, shareholder group reach agreement on board nominees
10:57 AM MDT | May 9, 2013 | Vincent Valk
Ferro has reached an agreement with FrontFour Capital and Quinpario Partners over nominees to Ferro’s board by support for election two out of three of the shareholder group's board nominees. The agreement comes after months of sparring between Ferro and the two investment groups, who have positioned themselves as dissident shareholders. Under the agreement, FrontFour’s David Lorber and former Solutia CEO Jeffry Quinn will stand for election at Ferro’s annual meeting next week, replacing Ferro nominees Richard Brown and Gregory...
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