In the Margins

United Continental settles board fight

April 20, 2016

By The Wall Street Journal

United Continental Holdings Inc. and two big investors have settled a fight over the makeup of the airline's board of directors. United will appoint two directors chosen by PAR Capital Management Inc. and Altimeter Capital Management LP to its board, and a mutually agreed-upon third director will be named in the coming months. Also, United will name Robert Milton, a former Air Canada chief executive, as non-executive chairman. Read the original story from The Wall Street Journal.

 

 

Most Read

10 Things
10 Things...to know about BDCs

Congress created business development companies in 1980 to support job growth and help emerging companies raise funds. As of 2023, there were 139 BDCs with $312 ...

Top of the Agenda - Succession
Vanguard nominates two, as two hit retirement

The Vanguard board expects to add two new independent directors in early 2025 to fill seats that will be vacated when two long-serving independents retire. The ...