Tenneco board changes draw ire of activist investor

Tenneco board changes draw ire of activist investor

The supplier, moving to improve governance and enhance independent oversight of the board, shuffled director duties that could provoke a fight with former Icahn Enterprises executive Dan Ninivaggi, who in January demanded the board make more sweeping changes or risk a proxy battle.

Leave a Reply

Your email address will not be published. Required fields are marked *