By Azam Ahmed, Jan 12, 2011
After calls by the Barington Capital Group for the ouster of James S. Marlen, chief executive of the Ameron International Corporation, the company’s independent directors issued a letter on Wednesday calling the hedge fund firm’s attacks “vindictive” and its criticisms “inaccurate.”
“Ameron has been extremely successful during Mr. Marlen’s tenure as C.E.O.,” the directors said. “The company’s successes over this period resulted from the strategic direction of the board and the C.E.O., along with the extraordinary efforts of Ameron’s many talented and highly motivated employees.”
thanks for sharing this informatuon with us. it seems that there is alot of shift in movment there.
Posted by: cartoner | December 06, 2011 at 05:01 AM