IHS Chemical Week

People & Business :: M&A

Proxy advisory firm endorses Ferro director slate

11:27 AM MDT | May 6, 2013 | Vincent Valk

Glass Lewis (San Francisco), a corporate governance research and proxy advisory firm, has endorsed Ferro’s three board nominees—Richard Brown, Gregory Hyland, and Ronald Vargo—at the company’s shareholder meeting to be held on 15 May, Ferro says. The three are competing against a dissident slate, put forth by hedge funds FrontFour Group and Quinpario Partners. The dissident slate includes former Solutia CEO Jeffry Quinn.   Brown, Hyland, and Vargo “have made important and positive contributions to date. Replacing them with...

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