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LSB settles with activist shareholders, to add three to board, including two former Terra execs

机译:LSB与激进股东达成和解,增加三名董事会成员,其中包括两名前Terra高管

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LSB Industries Inc., Oklahoma City, said April 3 that it is adding three new board members to its 10-member board, including two former Terra Industries Inc. executives. In recent months, activist shareholders have called on LSB to add new independent directors with fertilizer and climate control experience to the board. LSB said it will nominate Daniel Greenwell and William Murdy for election at the 2014 shareholders meeting, which is expected to be held prior to June 20, 2014. In addition, Richard Sanders Jr. will be appointed to the board, effective the date of the annual meeting, to fill a vacancy in the class of directors expiring in 2015. Greenwell's and Murdy's terms will expire in 2017, Sanders's in 2015. Incumbent directors Donald Munson and Ronald Perry will not stand for re-election in 2014, and John Shelley, whose term expires in 2015, will retire from the board as of the 2014 meeting.
机译:俄克拉荷马城的LSB Industries Inc.于4月3日表示,它将在其10名成员的董事会中增加三名新的董事会成员,其中包括两名Terra工业公司的前高管。最近几个月,维权股东呼吁LSB向董事会增聘具有肥料和气候控制经验的新独立董事。 LSB表示,它将在预计于2014年6月20日之前举​​行的2014年股东大会上提名Daniel Greenwell和William Murdy进行选举。此外,小理查德·桑德斯(Richard Sanders)将被任命为董事会成员,自董事会任命之日起生效。年会上,补缺在类董事在2015年格林韦尔的到期和莫迪的条款将在2017年到期,桑德斯在2015年现任董事唐纳德·曼森和罗纳德·佩里不会在2014年参加连任选举,约翰·雪莱,其任期于2015年届满,将于2014年会议上退出董事会。

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