Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Tuesday, February 6, 2007

Home Depot Averts Proxy Fight

Home Depot averted a proxy fight by entering an agreement with Relational Investors:  David Batchelder, founder of Relational Investors, will go on the board and join the Audit and Compensation Committees, and four directors associated with the hiring of deposed CEO Nardelli will leave.  See NY Times, Home Depot Proxy Fight Is Settled .

http://lawprofessors.typepad.com/securities/2007/02/home_depot_aver.html

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