Capital Returns pulls nominations of Bobman and Michelson to Argo’s board
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Capital Returns pulls nominations of Bobman and Michelson to Argo’s board

Jairo Ibarra
December 12, 2022
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Activist investor Capital Returns has withdrawn the nomination of Ronald Bobman and David Michelson to Argo’s board, just days ahead of the company’s annual shareholders meeting.

Earlier, the investor was seeking support to elect both Bobman and Michelson, replacing Al-Noor Ramji and Bernard Bailey. In an open letter, Capital Returns reiterated its belief that shareholders had lost confidence in Argo’s current board and management team...

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Jairo Ibarra
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