ALU annual meeting news

Publié le par Jean Arnal


During the annual meeting, ALU shareholders, upset by poor results and stock decline during their tenure, as well as high wages of the CEO and chairman, voted the change of the rules surrounding the dismissal of the CEO and chairman. Now, a simple majority (instead of 75%) in the board is needed to oust the CEO, currently Pat Russo, or the chairman, currently Serge Tchuruk.

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