Money DavidsTea CEO resigns after losing board fight

18:31  14 june  2018
18:31  14 june  2018 Source:

McGregor claims he agreed to fight at UFC 224 in May

  McGregor claims he agreed to fight at UFC 224 in May Conor McGregor was named the world's fourth-highest-paid athlete by Forbes on Tuesday, but that's not high enough for the former two-division champ. McGregor celebrated the news in an Instagram post, while revealing he agreed to a UFC fight in May that never happened. Made it to number 4 on the Forbes list this year. If I had of fought on the agreed May 12th bout in Rio De Janeiro, I would have surpassed Ronaldo and Messi to take 2nd place. Something came up however... Ah well, still under 30.

DavidsTea CEO Joel Silver. After six years on the board , Segal resigned his seat in March, and is asking shareholders to jettison the current board at the company’s annual general meeting on June 14 and replace it with a slate of seven nominees, including himself as executive chairman.

DAVIDsTEA CEO Resigns . By: Dan Bolton | October 25, 2016. He is the second top-level executive to depart the company since spring. Toutant joined DAVIDsTEA in June 2014 at the invitation of board members pursuing an initial public offering (IPO) planned for 2015.

a green and black sign© Provided by MONTREAL - DavidsTea chief executive has resigned after the company's shareholders voted to turf most of the existing board by electing seven nominees presented by the company's co-founder.

Chief executive Joel Silver, who was management's face on an attempt to prevent a dissident revolt, resigned effective immediately, the company announced soon after the results were disclosed at the company's annual meeting on Thursday.

Shareholders voted about 54 per cent in favour of the people nominated by Herschel Segal, the company's co-founder and largest shareholder.

Golovkin stripped of belt for failure to fight challenger

  Golovkin stripped of belt for failure to fight challenger International Boxing Federation stripped unified middleweight champion Gennady Golovkin of one of his three major 160-pound title belts Wednesday for his failure to fight Sergiy Derevyanchenko, according to ESPN's Dan Rafael. The news comes one day after Golden Boy CEO Oscar De La Hoya called off a rematch between Golovkin and Canelo Alvarez due to the champion's unrealistic demands.

DavidsTea Inc. DTEA, +5.48% announced Thursday afternoon that co-founder Herschel Segal will leave its board after his attempt to take the company private was not well-received. The stock has lost more than 85% of its value since debuting on Wall Street in 2015, and the company is valued at

A battle is brewing at DavidsTea after the company's board of directors fought back against a co-founder's attempt to replace them with a dissident slate of nominees. Segal, who was on the board until he resigned on March 5, controls 46 per cent of DavidsTea through Rainy Day Investments Ltd.

Segal becomes executive chairman and will be joined by corporate director William Cleman, Viau Foods president Pat De Marco, retired professor Ludwig Max Fisher, former MEC chief executive Peter Robinson and Roland Walton, former president of Tim Hortons Canada.

Also winning re-election is Le Chateau president Emilia Di Raddo.

Silver's departure leaves a board position open, since he was also elected.

Segal has blamed the outgoing board — of which he was a member until March — for taking too long to turn to online commerce and failing in its expansion to the United States.

His holding company Rainy Day Investments Ltd. owns about 46 per cent of the outstanding shares.

However, three investment companies that together control 36.5 per cent of the shares, opposed his plan.

The company has complained that Segal was trying to acquire the company without paying a premium.

Evidence of sex, drugs and confidential medical information leads to Prince Albert doctor losing licence .
The Saskatchewan College of Physicians and Surgeons is revoking the license of a Prince Albert doctor.The College began investigating Josias Furstenberg in February 2017.

—   Share news in the SOC. Networks
This is interesting!