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Danone To Replace Bulk Of Board After Investor Onslaught
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Danone to replace bulk of board under investor pressure
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Monday, 15 Mar 2021 05:03 PM MYT
Emmanuel Faber was dismissed by the board of directors of Danone March 15, 2021 after several months of rebellion by shareholders who challenged his strategy. AFP pic
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PARIS, March 15 Danone said today it had dismissed its chairman, a move that follows months of complaints from foreign shareholders about the French food giant’s underperforming share price.
Activist investors took aim at Emmanuel Faber, who became Danone’s boss in 2017, and his management team, demanding his departure and a revamp at the top as the company struggles to plot a post-Covid recovery strategy.
TOP NEWS SUMMARY: AstraZeneca and Oxford insist Covid-19 jab is safe
Mon, 15th Mar 2021 11:00
(Alliance News) - The following is a summary of top news stories Monday.
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The director of the Oxford Vaccine Group said there was no link between the jab it developed with Anglo-Swedish pharmaceutical giant AstraZeneca and blood clotting, after several countries suspended its use. Andrew Pollard said there was very reassuring evidence that there is no increase in a blood clot phenomenon here in the UK, where most of the doses in Europe been given so far . It s absolutely critical that we don t have a problem of not vaccinating people and have the balance of a huge risk, a known risk of Covid, against what appears so far from the data that we ve got from the regulators – no signal of a problem, he told BBC Radio. Ireland and the Netherlands on Sunday became the latest countries to suspend their use of the Oxford/AstraZeneca vaccine out of precaution. Denmark, Norway and
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