PREVIEW

... rent CEO. A resolution by the shareholders’ meeting and a resolution by the board of directors.”

There are two paths to ousting Whitmer from the CEO position.

Shareholders can directly vote on a dismissal proposal during the general meeting, or the board of directors can decide to dismiss the CEO on behalf of the shareholders.

In simple terms, it’s the difference between a direct and an indirect election.

“The resolution at the shareholders’ meeting is unlikely. T ...

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