Brief: Andrew Peller Limited Announces Five New Directors And Provides Update On Leadership Continuity And Transition Plan

Andrew Peller

09/02/2024 19:49

Feb 9 (Reuters) - Andrew Peller Ltd  ADWa.TO :
    * ANDREW PELLER LIMITED ANNOUNCES FIVE NEW DIRECTORS AND
PROVIDES
UPDATE ON LEADERSHIP CONTINUITY AND TRANSITION PLAN
    * ANDREW PELLER LTD -ENTERED INTO A TRANSITION AGREEMENT
WITH
PELLER FAMILY ENTERPRISES INC. AND PELLER FAMILY
    * ANDREW PELLER LTD: APPOINTMENT OF BRIAN J. BIDULKA, DANIEL
J.
CICERCHI, R. BRUCE MCDONALD, CHRIS TSIOFAS, AND W. JAMES
WESTLAKE TO ITS BOARD
    * ANDREW PELLER LTD: R. BRUCE MCDONALD WILL SERVE AS CHAIR
OF
BOARD
    * ANDREW PELLER LTD - TRANSITION DEAL INCLUDES PROVISIONS
RELATING
TO COMPOSITION OF BOARD FOR 24-MONTH PERIOD, STANDSTILL AND
OTHER PROVISIONS
    * ANDREW PELLER LTD -PAID $3.0 MILLION IN LEGAL AND ADVISORY
FEES
INCURRED BY SHAREHOLDERS IN CONNECTION WITH TRANSITION
AGREEMENTS

Source text for Eikon:  ID:nGNX3nDrKv 
Further company coverage:  ADWa.TO 

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