March 2, 2017 / 4:08 PM / 6 months ago

BRIEF-Independent directors of Arconic board say convinced that Co has "right strategy"

March 2 (Reuters) - Independent directors of Arconic:

* "Board has taken Elliott's criticisms very seriously", has engaged in thorough review of Arconic's businesses, strategy and performance

* "Remain convinced that Arconic has right strategy and that Klaus Kleinfeld is CEO who will make it successful"

* Elliott proposed Arconic's CEO Klaus Kleinfeld should be replaced with Larry Lawson

* "Looking forward, board and management team are committed to our three-year plan" Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below