1. Icahn Seeks to Topple Board at Southwest Gas, Name 10 Directors - Bnn Bloomberg

    Icahn Seeks to Topple Board at Southwest Gas, Name 10 Directors - Bnn Bloomberg

    (Bloomberg) -- Activist investor Carl Icahn plans to nominate 10 directors at Southwest Gas Holdings Inc. on Monday in an attempt to replace the entire board. The billionaire investor, who owns a 4.9% stake in Southwest Gas, has been waging a battle at the Las Vegas utility after its announced deal to acquire the pipeline company Questar last month. Icahn has criticized management for the purchase, arguing it overpaid for the asset...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      Board Recruitment Publication, BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, Competitor Corner, In the News, Member Report, Partner Publications, Question of The Week, Sponsored Content
  2. Quotes

    1. They are immensely qualified in terms of utility and regulatory experience and reflect a diverse mix of operational, financial, legal, regulatory and governance experts.
    2. We believe the slate we have assembled is up to those challenges and even includes more than a few individuals who would make excellent CEOs of any utility in this country.
  3. Topics Mentioned

  4. Authors