SkyMall, Inc.icon

FEATURED ARTICLE

 

EasyJet founder stokes hostilities with airline board ahead of AGM

guardian.co.uk  2012-02-21 20:02:01

Sir Stelios Haji-Ioannou accuses board of 'malicious acts' and 'dirty tricks' after lawyers sought details of voting agreementsThe easyJet founder, Sir Stelios Haji-Ioannou, has further stoked hostilities with the airline's board ahead of Thursday's AGM, accusing them of "malicious acts" and a "string of dirty tricks" after company lawyers sought details of his family's voting agreements - in what the airline described as a routine letter to shareholders.Haji-Ioannou claimed letters from the lawyers, Herbert Smith, constituted "frivolous and vexatious demands". His family's 37.4% stake in easyJet makes Haji-Ioannou by far the largest shareholder, and he has urged his fellow investors to vote against the remuneration report and the re-election of the chairman, Sir Michael Rake.EasyJet said it had issued hundreds of such letters to all its shareholders and the airline's founder had been sent what was a standard letter in the runup to voting at the AGM. A spokesman for Haji-Ioannou said t

Full Story »

Comments

No Comments
Your name: *
Email:
Comment: *
 
Share
submit to reddit
Expedia.com