Steel & Tube changes get shareholders’ tick of approval
Steel & Tube shareholders approve a 37% increase in directors' fees.
Jenny Ruth
Fri, 17 Nov 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Usually, when a company that is performing poorly asks shareholders to approve a big hike in directors' fees, that tends to invite a shareholder rebellion.
But Steel & Tube Holdings shareholders overwhelmingly approved a $155,000 increase in the directors’ fee pool to $575,000 with nearly 87%
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Jenny Ruth
Fri, 17 Nov 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.