The proxy fight brewing between Third Point LLC and Bath & Body Works Inc. was averted Monday as the retailer appointed a new board member with the activist...
A proxy fight between Third Point LLC and Bath & Body Works Inc. was averted Monday as the retailer appointed a new board member with the activist investor’s blessings.
Kuhn “is a widely... A proxy fight between Third Point LLC and Bath & Body Works Inc. was averted Monday as the retailer appointed a new board member with the activist investor’s blessings. Kuhn “is a widely respected executive and adviser whose unique background brings valuable financial, legal and corporate governance expertise to the recently refreshed Bath & Body Works Board,” the retailer said.Kuhn was also recommended by Third Point, Bath & Body Works said. The board has 13 directors currently, 12 of whom are independent.
According to the statement, Third Point has told Bath & Body Works it doesn’t intend to nominate candidates to stand for election to the Bath & Body Works board at the company’s annual meeting. Third Point did not immediately return a request for comment.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Bath & Body Works, Billionaire Activist Investor Reach AgreementThe company has appointed a new independent director, recommended by Third Point, to the board.
Lire la suite »
Third's a crowd: Wisdom heads big field of third base candidates for CubsPatrick Wisdom is back at third base for the Cubs this season, but Christopher Morel, Edwin Rios and Nick Madrigal are also pushing for playing time.
Lire la suite »
Bed Bath & Beyond: Timeline of the meme stock's crazy, chaotic rideBed Bath & Beyond's stock has crashed to earth after a rollercoaster ride that defied gravity. Here's a timeline of its chaotic journey, fueled by meme-stock craze and mounting debt.
Lire la suite »
Unisys, Bed Bath & Beyond slide after removal from small-cap indexShares of IT services firm Unisys Corp tumbled 16.7% on Monday and shares of embattled home goods retailer Bed Bath & Beyond Inc fell about 4% after it was announced they will be removed from the small-cap S&P 600 index in two weeks.
Lire la suite »
Ripple Works on Private XRP Ledger for CBDC, Says Ex-ExecutivePrivate XRP Ledger for CBDC is in works, says former Ripple director ripplesec ripplexrp xrp xrparmy xrpcommunity ripple xrpsec sec xrpl xrpledger ripplex xrpthestandart $xrp
Lire la suite »
This Travel Agent Only Works For People Worth $400MHis trips cost anywhere from $250,000 to $22 million, and he targets customers with a personal fortune of at least $400 million—rich enough to give him what he calls a “blank check” to design the vacation of their dreams.
Lire la suite »