Chair Paul Jenkins says Mpact CEO Bruce Strong implied that his company is acting improperly
Caxton says it is considering legal action against the board of Mpact for CEO Bruce Strong’s comments on Caxton’s vote on the pay of nonexecutive directors at Mpact’s AGM in June.
At the AGM on June 2, only 62.6% of the votes were for the resolution, falling short of the required 75%, but the nonexecutive directors agreed to stay on without being paid...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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