US - Nine public pension funds are calling for Massey Energy shareholders' to withhold support from three board directors claiming they have failed to carry out their safety oversight duties.
The funds - which collectively hold US$64m of shares in the company - said directors Baxter Philips, Richard Gabrys and Dan Moore should not be reelected as board members at the May 18 shareholders...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
