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Shareholder activism in board dynamics

The sense from reading what Mr Hilal has done in the past with other companies is that his flavour of shareholder activism removes the emotional attachment or fear that board members may have towards incumbent CEOs.

Photo credit: Shutterstock

By  Carol Musyoka

Columnist

Last week I covered the story of the ignominious removal of 81 year old Seifi Ghasemi as the CEO of the American industrial gas giant Air Products.

Ghasemi’s ejection first started by his failure to be re-elected as a director at the company’s annual general meeting in January this year.

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