logo
Share SHARE
FONT-SIZE Plus   Neg

Sotheby's Murdoch Informs Board Of His Intention Not To Stand For Re-election

Sotheby's (BID) said in a filing that James Murdoch informed the Board of Directors of his intention not to stand for re-election at the May 8, 2012 Annual Meeting of Shareholders in order to focus on his core responsibilities at News Corp., where he serves as Deputy Chief Operating Officer.

James Murdoch has been a valued member of the Sotheby's Board and during his period of tenure, the company has benefitted from his broad-based marketing and brand management skills, his guidance regarding the company's strategic initiatives in Asia and his insight into digital media, among other things.

Further, Sotheby's will seek to find opportunities to continue to engage with Murdoch in the areas of his expertise.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Uber has mistakenly charged a customer in Toronto an astounding C$18,518.50 for a five-mile, 21-minute ride. In U.S. dollar terms, the amount would be more than $14,400. The five-mile ride should have only cost between C$12 and C$16. French baby formula maker Lactalis has issued a major international product recall over fears of salmonella contamination. French health authorities have ordered the dairy company to stop selling hundreds of products worldwide, after 26 infants fell ill with salmonella poisoning in France. Salmonella infections can be life-threatening mainly for young children. What's in store for Casey's General Stores Inc. (CASY), KMG Chemicals Inc. (KMG), and Yingli Green Energy Holding Co. Ltd. (YGE) in today's earnings announcement?
comments powered by Disqus
Follow RTT