Macy's Appoints Independent Directors and Settles Dispute with Arkhouse
Wednesday, 10 April 2024, 13:04
Macy's Appoints New Board Members and Settles Dispute
Macy’s recently made a significant decision by welcoming two new independent directors to its board. This move came after the company reached a settlement with Arkhouse Management, resulting in Arkhouse withdrawing its nominations for board seats. Talks are continuing regarding the potential of an acquisition, showcasing Macy's commitment to enhancing its governance structure and exploring new growth opportunities.
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