Previous info regarding M.Kearney vs Anglesey
(Posted on 29 October 2023)
Anglesey shareholders oust chairman John Kearney
Anglesey Mining plc shareholders voted against re-electing chairman and director John Kearney after his nearly 30 years’ service with the group.
Support: highly significant contribution during his tenure as chair (Pixabay)
At the company’s general meeting on 27 October, the resolution to re-appoint him received 93,533,645 votes in favour, 103,058,404 against with 256,302 withheld.
Non-executive director Andrew King will act as interim chairman while a formal process begins to appoint a permanent successor.
Finance director Danesh Varma said: “On behalf of the board and colleagues at Anglesey Mining, I would like to thank John for his highly significant contribution to Anglesey Mining during his tenure as chair and for his support to me personally.
“John has played an instrumental role in the life of the group over the past 29 years and will be sorely missed.”
Mr Kearney is chairman of the company’s investee (12%) Labrador Iron Mines Holdings Ltd, Canada and a director of joint venture partner Grangesberg Iron AB in Sweden.
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