Activists Target Dillard’s Board
March 26, 2008 by Joseph McCafferty
Dillard’s Inc. recently received notice from investment firms Barington Capital Group L.P. and Clinton Group Inc. that they are looking to nominate four new directors for election at the company’s annual meeting on May 17. The notice, Dillard’s said in a statement, will be forwarded to the executive committee of the company’s board for review, and no current action by the company’s shareholders is necessary. Barington’s nominees include Chairman and CEO James A. Mitarotonda, Charles M. Elson, Nick White and Eric S. Salus
March 26, 2008 by Joseph McCafferty
Dillard’s Inc. recently received notice from investment firms Barington Capital Group L.P. and Clinton Group Inc. that they are looking to nominate four new directors for election at the company’s annual meeting on May 17. The notice, Dillard’s said in a statement, will be forwarded to the executive committee of the company’s board for review, and no current action by the company’s shareholders is necessary. Barington’s nominees include Chairman and CEO James A. Mitarotonda, Charles M. Elson, Nick White and Eric S. Salus