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Ancora Secures Board Seats

Benzinga ·  May 9 08:55

Preliminary Voting Results for 2024 Annual Meeting Indicate Shareholders Have Elected Ancora Nominees William Clyburn, Jr., Sameh Fahmy and Gilbert Lamphere

Results Also Indicate Shareholders Have Not Supported Amy Miles (Board Chair), Jennifer Scanlon (Chair of Governance and Nominating Committee) and John Thompson (Chair of Human Capital Management and Compensation Committee)

Highlights CEO Alan Shaw Essentially Received a Vote of No Confidence, With Barely 50% of the Company's Outstanding Shares Supporting Him

Underscores the Campaign for Changes in Leadership and Strategy Will Continue Ahead of Next Month's Government Report on the East Palestine Derailment and Toxic Burn

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