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    1. Furmanite Names Davis as Chairman After Proxy Fight

      Furmanite Names Davis as Chairman After Proxy Fight

      Furmanite (FRM ) names Jeffery Davis, retired CEO of the Brock Group, as its new executive chairman in the wake of the proxy fight that was resolved in May. CEO Joseph Milliron, who served as the interim chair, said in this morning's earnings conference call that the move aligns with best governance practices and strengthens the company, and John Linnartz, the new board member who led the proxy fight, praised the selection...

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      Mentions: CEO Shareholders
    2. Elliott-Samsung Fight Comes to a Head

      Elliott-Samsung Fight Comes to a Head

      Paul Elliott Singer is at it again. After going to battle with Argentina a year ago, the activist investor has taken up a fight with the Samsung Group over the proposed merger of two units - Cheil Industries and Samsung C&T. After a six-week public brawl, the Samsung-Elliott will finally be put to a vote at a shareholders meeting tomorrow. Should Singer prevail, it would be the largest victory shareholder activists have ever seen in Korea...

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      Mentions: Shareholders
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