13
Mar
21:21
GrafTech shareholder revolts, seeks board seat
One of GrafTech International’s largest shareholders is seeking a seat on the board of directors, calling the company “rudderless” during a prolonged search for a new ceo.
In a scathing open letter reviewed by Kallanish, Nilesh Undavia, who controls 5.9% of GrafTech’s common shares, criticises the company’s corporate governance and its “deteriorating financial performance.” The activist shareholder says the board nee…
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Anonymous
Very good overview of the weekly steel market.
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