logo
Share SHARE
FONT-SIZE Plus   Neg

CoreLogic Plans To Expand Its Board - Quick Facts

CoreLogic (CLGX) intends to add new independent members to its Board of Directors. The Nominating and Corporate Governance Committee has engaged Spencer Stuart, an international executive search firm, to conduct a comprehensive search and assist in the selection of candidates. In relatiion with the search, the Nominating and Corporate Governance Committee would also seek input from the company's largest stockholders.

CoreLogic's Chairman, Van Skilling, commented, "We have resumed our search for qualified board members which had been put on hold while we conducted our strategic review process. We anticipate that two candidates will be selected. We believe that these new independent board members will complement our board with additional expertise, capabilities and perspectives."

In addition, the company said it would postpone its Annual Meeting of Stockholders to allow the Nominating and Corporate Governance Committee sufficient time to consider and select qualified candidates and provide CoreLogic stockholders an opportunity to vote on their election this year. The company now expects to hold its Annual Meeting of Stockholders during the summer of 2012.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Canadian power company Emera has agreed to buy Teco Energy Inc for $27.55 per share in cash as part of efforts to expand into Florida and New Mexico. The announcement sent Teco shares surging 28 percent in after-hours trade on the New York Stock Exchange. Xiaomi Corp., nicknamed the "Apple of China" is planning to launch laptops, a report by Bloomberg said. The Chinese brand has been pausing a direct challenge to major smart phone brands in Asian markets in the recent years. It has planned to win over China, India and Brazil markets those together would account for one third of the worldwide sales. Value-priced fashion apparel and accessories retailer Cato Corp. (CATO) Thursday announced a four percent increase in comparable store sales for August. Sales were for the four week period was up five percent to $67 percent from $63.6 million last year. For the thirty weeks ended August 29, the...
comments powered by Disqus
Follow RTT