MILAN, April 20 (Reuters) - The two largest shareholders of Ferretti on Monday filed rival slates of candidates for the renewal of the Italian yacht maker's board, setting the stage for a battle at
Ferretti Shareholders Set for Boardroom Showdown at May 14 Meeting
Rival Shareholders Prepare for Ferretti Board Election
MILAN, April 20 (Reuters) - The two largest shareholders of Ferretti on Monday filed rival slates of candidates for the renewal of the Italian yacht maker's board, setting the stage for a battle at the company's annual meeting on May 14.
KKCG Maritime's Board Proposals
Czech investor KKCG Maritime submitted a list of nominees including KKCG's founder Karel Komarek for president and proposing to confirm Alberto Galassi as chief executive.
KKCG's Stake and Board Overhaul Intentions
The Czech firm, which last month increased its stake to around 23% of Ferretti's capital, said it wanted to overhaul the firm's board, currently dominated by representatives of China's Weichai Group which has a 39.5% stake.
Weichai Group's Board Proposals
Weichai's Nominees and Leadership Plans
Weichai's slate contains no explicit nominee for the chief executive role, and proposes Tan Ning as chair.
Reporting and Editorial Credits
(Reporting by Elisa Anzolin, editing by Gavin Jones)
