Union calls on Kingspan shareholders to vote against board over Grenfell concerns

CEO, chair, director and iNED

James Baxter-Derrington
clock • 1 min read

A US union has called on Kingspan shareholders to vote against the re-election of four board members over concerns surrounding its ESG credentials, including its handling of the Grenfell Tower Inquiry.

The International Association of Sheet Metal, Air, Rail and Transportation Workers (SMART) has called on shareholders to reject the re-election of CEO Gene Murtagh, chair Jost Massenberg, executive director Gilbert McCarthy and non-executive director Paul Murtagh, who lead the company's insulated panels activities in "most of its markets". ESG funds still invested in firms embroiled in Grenfell tragedy Kingspan is one of several firms which engaged in malpractice related to the cladding and insulation used on Grenfell Tower, which has been cited as dangerous and caused the fire to spr...

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