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Engine Capital Nominates a Slate of Highly Qualified Director Candidates for Election at CMCT s 2021 Annual Meeting of Shareholders
Reiterates Belief that the Status Quo is Untenable and that the Company s Board Must Act Decisively to Unlock Shareholder Value
Confident that its Slate of Six Highly Qualified, Independent Nominees with Significant Relevant Industry and Financial Expertise Will Revitalize the Board and Deliver Results for all CMCT s Shareholders
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NEW YORK, Dec. 11, 2020 /PRNewswire/ Engine Capital, L.P. (together with its affiliates, Engine ), a shareholder of CIM Commercial Trust Corporation ( CMCT or the Company ) (NASDAQ: CMCT) with an ownership of approximately 6.1% of the Company, today announced that it has nominated a slate of six highly qualified director candidates, Arnaud Ajdler, Sam Bakhshandehpour, Alan L. Bazaar, Charles R. Holzer, John T. Livingston and Stuart M. Milstein, for election to th