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BRIEF-Cypress Semiconductor confirms ex-CEO Rodgers filed lawsuit
2017年2月17日 / 中午11点59分 / 9 个月前

BRIEF-Cypress Semiconductor confirms ex-CEO Rodgers filed lawsuit

Feb 17 (Reuters) - Cypress Semiconductor Corp

* Confirmed ex-CEO T.J. Rodgers filed lawsuit demanding books of co, submitted nominations for 2 candidates for board election

* Says nominating and corporate governance committee met with and evaluated Rodgers’ nominees

* Says offered to expand board from seven to eight directors and appoint Daniel Mccranie as a director of company

* Board has approved amendment to bylaws to adopt a majority vote standard for election of directors in uncontested elections

* Board has approved amendment to bylaws to adopt plurality vote standard for election of directors in contested elections

* Board approved amendment to bylaws to implement proxy access, subject to stockholder approval of proposal to eliminate cumulative voting

* Rodgers rejected proposal to expand board from seven to eight directors, appoint mccranie as director

* Board determined it’s not in best interest of stockholders to add Rodgers’ nominees under terms Rogers’ terms, has rejected his demands Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

我们的标准:汤森路透“信任原则”
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