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Shareholder Value Management Wants Hogarth As Mears' Chair

Shareholder Value Management has proposed a further resolution ahead of Mears Group company’s upcoming General Meeting which will give shareholders the opportunity to vote on the candidacy of Andy Hogarth as chairman. SVM requisitioned a GM with Mears Group last week, in which it called for the current chairman, Bob Holt, to be removed and for Mr. Hogarth to be appointed independent non-executive director. Conditional upon his appointment, SVM has now requested that the board appoint Mr. Hogarth as chairman. SVM’s further resolution, which is non-binding, will ask shareholders to vote either for or against the appointment of Andy Hogarth as the new chair...