Shareholders often expect little more diversion than a cup of tea and a
sandwich at annual company meetings. Balfour Beatty investors were taken by
surprise, therefore, when one called the chairman a “corporate psychopath”
and was removed from the meeting.
Gavin Palmer, who bought 300 shares in the construction company three weeks ago, attempted to have Steve Marshall stopped from running the meeting to approve the £820 million sale of Parsons Brinckerhoff, Balfour’s American project management division, to WSP Global.
He accused Mr Marshall of having an “appalling track record”.
Nearly all investors in the group, whose share price has.....
Continue reading (subscription required) http://www.thetimes.co.uk/tto/business/industries/construction-property/article4250712.ece
Gavin Palmer, who bought 300 shares in the construction company three weeks ago, attempted to have Steve Marshall stopped from running the meeting to approve the £820 million sale of Parsons Brinckerhoff, Balfour’s American project management division, to WSP Global.
He accused Mr Marshall of having an “appalling track record”.
Nearly all investors in the group, whose share price has.....
Continue reading (subscription required) http://www.thetimes.co.uk/tto/business/industries/construction-property/article4250712.ece
No comments:
Post a Comment