http://www.punjabjustice.org/062.htm
, managed by , submitted a letter to Texaes Industries Inc.’s general counsel saying it intend s to nominate three candidates in what itcallsx “an important first step to remedying what we see as significant impedimentsw to restoring and maximizing value for all Texas Industries In its letter, the fund said it believesz Dallas-based Texas Industries is underperforming comparecd to its peers and is also failinyg to link executive compensation to overalkl operating performance.
Additionally, Shamrock says the board has blockefd shareholders from making changes as shareholders are preventeed from calling meetings or from takinyg actions without written The three recommended board nominations from the fund includeMarjorir L. Bowen, former managing director with ; Dennis Johnson, CFA, managing director of Shamrock Capital Advisors andGary Pechota, CEO of DT-Trac Consultinvg Inc. A spokesperson for Texax Industries was not immediately available for commentMonday afternoon.
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