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Tag Archives: gm board of directors
“Greenlight’s candidates were nominated specifically to advance Greenlight’s dual-class stock plan, which GM’s Board views as high-risk and detrimental to the long-term best interests of GM and its shareholders. Continue reading
In the filing, Greenlight – a $10 billion investment firm – said in essence that GM lied when it asserted that a credit downgrade was possible if the stock were split into two classes. Greenlight also said it repeats its request that GM has denied on numerous occasions to consent for Greenlight to speak directly to the rating agencies about the Plan so that it can be accurately evaluated by a formal rating committee. Continue reading
Kathryn Marinello has resigned from GM’s Board of Directors following her appointment as president and chief executive officer of Hertz Global Holdings. Continue reading
General Motors announced the election of retired Admiral Michael Mullen to a lucrative position on the GM board of directors effective immediately. Mullen served as the 17th Chairman of the Joint Chiefs of Staff from 2007 to 2011. He was the principal military adviser to President George W. Bush and President Barack Obama, as well as two Secretaries of Defense. Continue reading