John Menzies PLC (MNZS.L)
LONDON, July 19 UK airport services and logistics group John Menzies has appointed Irish paper and packaging industry tycoon Dermot Smurfit as its new chairman, answering a key demand from new activist investor Shareholder Value Management (SVM).
LONDON, July 19 Britain's John Menzies said on Tuesday it had appointed paper industry executive Dermot F Smurfit as independent chairman, answering a key demand from new activist investor Shareholder Value Management (SVM).
* Company continues to evaluate "optimal structure" (Adds comment from John Menzies)
LONDON, July 4 British distribution and aviation company John Menzies must split its businesses and hire an independent chair, German activist Shareholder Value Management said on Monday.
* Notes that a significant number of votes were cast against resolution 14 and resolution 17 at agm
* Made a good start to year and is trading in line with board's expectations
* Iain Napier, chairman, has informed company of his wish to retire, in line with reduction of his other plc responsibilities
* Paula Bell, chief financial officer, has given notice of her intention to resign