Advertisement
Crown Holdings Says Icahn To Support All Its Nominees For Election At 2023 AGM
(RTTNews) - Crown Holdings, Inc. (CCK) announced Tuesday that it has entered into an agreement with Icahn Enterprises L.P., whereby Jesse Lynn and Andrew Teno, General Counsel of Icahn Enterprises and Portfolio Manager of Icahn Capital, respectively, will join the Company's Board of Directors, effective immediately.
Lynn and Teno will also stand for election at the Company's upcoming 2023 Annual Meeting of Shareholders, and Crown has agreed to include Teno and Lynn on its recommended slate of nominees for election at the Company's 2023 AGM.
With the additions of Lynn and Teno, the Crown Board will expand to 13 directors, 12 of whom are independent.
Pursuant to the Director Appointment and Nomination Agreement, Icahn Enterprises, which owns 8.5 percent of Crown's outstanding common stock, has agreed to customary standstill, voting commitments and other provisions.
Crown Holdings Board Unanimously Adopts Limited Duration Shareholder Rights Plan
Swiss Franc Rises Against Majors
Swiss Market Ends On Positive Note
European Stocks Close On Mixed Note
TSX Retreats After Hitting New High
U.S. Consumer Sentiment Reaches Five-Month High In July
U.S. Housing Starts Rebound More Than Expected In June
