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Activist investors ask United Airlines to change chairman before shareholder vote

2016-03-23 01:13:35| Airlines - Topix.net

The two hedge funds that have launched a boardroom fight with United Continental Holdings Inc on Tuesday called on the airline to immediately appoint one of its two new board members as chairman, according to a regulatory filing. The funds asked that either James Whitehurst, former chief operating officer of Delta Air Lines Inc, or Robert Milton, former CEO of Air Canada, be appointed chairman before shareholders vote on a slate of six other directors that the funds proposed two weeks ago, the filing said.

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