1. Furmanite Names Davis as Chairman After Proxy Fight

    Furmanite Names Davis as Chairman After Proxy Fight

    Furmanite (FRM ) names Jeffery Davis, retired CEO of the Brock Group, as its new executive chairman in the wake of the proxy fight that was resolved in May. CEO Joseph Milliron, who served as the interim chair, said in this morning's earnings conference call that the move aligns with best governance practices and strengthens the company, and John Linnartz, the new board member who led the proxy fight, praised the selection...

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