Honeywell Change Makes It Easier to Force Out Directors
Deseret News (Salt Lake City) › December 13, 2005
Linked as:
Summary
Honeywell International Inc., the world's largest maker of aircraft cockpit controls, adopted a provision making it easier for shareholders to force out directors in corporate-governance disputes.
Directors standing unopposed for re-election must offer to resign if more than half of shareholders withhold their votes, the New Jersey-based company said Monday. A special committee would review and make a recommendation on what action to take on the resignation.See the full content of this document
Extract
Honeywell Change Makes It Easier to Force Out Directors
Honeywell joins mo...
See the full content of this document
Sponsored links
