U.S. Fund Opposes Seven & i's CEO Appointment
Tokyo, March 10 (Jiji Press)--U.S. investment fund Artisan Partners Asset Management has expressed opposition to Seven & i Holdings Co.'s appointment of outside director Stephen Hayes Dacus to its next president and CEO, the Japanese retailer said Monday.
Seven & i said in a statement, "We are disappointed that Artisan has prejudged our commitment to pursuing all paths to unlock shareholder value without knowing all the facts."
(2025/03/10-14:39)
To read a full story, please click here to find out how to subscribe.
BUSINESS
-
03/17 21:31 (Update) TEPCO Aims to Restart Niigata N-Reactor in FY 2025
-
03/13 21:44 (Update) Couche-Tard Asks Seven & i to "Adequately Consider" Buyout
-
03/13 21:24 Damage from Aeon Card Fraud in Japan Reaches 9.9 B. Yen
-
03/13 18:39 Japan's Mizuho Bank Opening New Type of Branch
-
03/13 18:07 Couche-Tard Founder Asks Seven & i to "Adequately Consider" Buyout
-
03/12 20:25 Japanese Apparel Industry Seeking Sustainable Fashion
-
03/12 20:15 Electronic Dictionary Market Shrinking in Japan
-
03/12 10:36 Toyota to Release New Electric SUV in Europe This Year
-
03/11 23:32 (Update) Uchida to Step Down as Nissan CEO
-
03/11 18:30 Uchida to Step Down as Nissan CEO
-
03/11 16:06 Couche-Tard Disappointed with Seven & i Takeover Talks
-
03/10 22:45 Seven & i Suggests Couche-Tard Sell U.S. Stores for Takeover
-
03/03 13:52 Units of Japan Tobacco, Others Agree to Settle Canadian Litigation