Category: ouster
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Local unions group seeks ouster of Kroger CEO after $7.5 billion buyback plan
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(Reuters) – Some local United Food and Commercial Workers (UFCW) unions on Friday urged Kroger’s board to replace CEO Rodney McMullen after the company announced a $7.5 billion stock buyback plan after finalizing its deal to buy Albertsons. The local UFCW union that led the “Stop the Merger Coalition” claimed…
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Court rejects Nadav Shoval’s petition against OpenWeb ouster
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The Tel Aviv District Court rejected the petition filed by Nadav Shoval, founder Open webTo cancel the company’s board of directors’ decision to dismiss him. Shuval claimed that the directors were removed on his behalf and replaced by directors on behalf of the company’s controlling shareholders, the venture capital funds…