Massey Shareholders Vote to Keep Controversial Board Members
To what extent do Massey shareholders want to hold company leaders accountable for the terrible safety record in Massey mines? Turns out, not at
Jul 31, 202048.7K Shares4.4M Views
To what extent do Massey shareholders want to hold company leaders accountable for the terrible safety record in Massey mines? Turns out, not at all.
“„Baxter Phillips, Richard Gabrys and Dan Moore, who each served on Massey’s safety committee, will keep their seats on the Richmond, Virginia-based company’s board, six weeks after the explosion at the Upper Big Branch mine where 29 people were killed. Each received a majority of the votes cast at Massey’s annual meeting in Richmond today, the company said.
The board members had come under fire recently from some shareholders — including state pension funds — who were urging their ouster at today’s annual gathering. Massey announcedthis morning that they’ll remain.
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