Investment firm Ancora Holdings said
it is pushing for four board seats at Elanco Animal Health
and wants to replace the chief executive at the company
that makes medicines and vaccinations for pets.
Activist investor group calls for Norfolk Southern CEO's ouster, board changes seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.
The director slate includes former Ohio Governor John Kasich and Sameh Fahmy, who was an executive at railroad operator Kansas City Southern, the report said on Wednesday, citing people familiar with the matter. In the past few weeks, Norfolk Southern - among the top-five largest railroad operators in North America by revenue - has met with the group and the group's director nominees have raised a number of issues including how the firm handled a train derailment last year and what they view as Shaw's failure to hit operating targets, the report added.