comparemela.com

Latest Breaking News On - கிரெக் சண்பொர்ட் - Page 1 : comparemela.com

Genesco attempts to set the record straight as proxy fight with activist investor escalates

Genesco attempts to set the record straight as proxy fight with activist investor escalates
bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.

Analysts lift targets for Genesco

Activist shrinks Genesco board overhaul push

The change in tactics by Legion Partners Asset Management comes a few days after Genesco directors elected three new board members and said longtime members Marty Dickens and Kathleen Mason will retire from the board this summer. Word of Legion Partners’ less ambitious four-director push — the firm hasn’t yet named the incumbent directors it is targeting — also comes after a period of intensive but ultimately fruitless negotiations. During those talks, Legion — which owns nearly 6 percent of the company — demanded, among other things, that lead independent director Matthew Diamond step down soon and that the sides agree to a multi-year overhaul while Genesco offered to have Legion bring one of its candidates on board.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.