Shareholders in Electra Private Equity have voted to elect activist investor Edward Bramson onto the board, after a public debate over the future of the trust.
At an extraordinary general meeting held today, 53.5% of shareholders voted in favour of Bramson's new role, according to Reuters. In a separate resolution, they also voted former PwC chairman Ian Brindle to the board as a non-executive director. However, chairman Roger Yates has resigned from the board with immediate effect to be replaced by Dame Kate Barker. It is seeking a new non-executive director with a view for that person to become chairman. Electra unveils strong results ahead of Bramson showdown Yates said: "The votes cast at the General Meeting today show that a subst...
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