Dignity’s chairman Clive Whiley ousted in coup led by firm’s biggest shareholder

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Dignity’s chairman Clive Whiley ousted in coup led by firm’s biggest shareholder

Funeral provider Dignity said 55 per cent of votes cast by shareholders backed a motion to remove Clive Whiley as a director

Funeral provider Dignity said 55 percent of votes cast by share holders endorsed a movement to remove Clive Whiley being a manager

Dignity’s chairman was ousted in a coup led by that the firm’s biggest shareholder.

The funeral company stated 55 percent of votes cast by share holders endorsed a movement to remove Clive Whiley being a manager.

share holders endorsed the debate for change towards the very best left by Phoenix Asset Management, that includes developed a 29.9 percent stake in Dignity in the past few decades.

In addition they endorsed Gary Channon, that had been nominated by Phoenix, to combine with the plank. He gained 6 1 percent of their vote. 

Just 8 8 percent of possible votes were cast at the meeting, meaning Phoenix convinced just a little under 1 9 percent of Dignity’s discussion base to vote to its motion.

Whiley will measure down fast, combined by independent supervisors Gillian Kent and Paul Humphreys, that believe their ranks have grown to be’seriously jeopardized’ by the expectancy.

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