27-03-2017 Hits:4 News administrator
own nominees for its director slate.
The restaurant chain nominated Janice Fields, a veteran executive at McDonald's Corp , and Sam Rovit, the CEO of CTI Foods and a former executive at Kraft Foods.
In an unusual move, Rovit is also one of Marcato's four nominees it is seeking for election to the board. Proxy voting rules allow one nominee to serve on two director slates as long as the person consents.
Rovit's dual-role provides added drama to one of this year's most high-profile proxy fights, pitting Marcato founder Mick McGuire against Sally Smith, CEO of the US$2.5-billion Minneapolis-based wings and beer chain.