The International Transport Workers’ Federation (ITF) and European Transport Workers’ Federation (ETF) welcome today’s news that Ryanair chairman David Bonderman will step down next year, just months after calling for him to be voted out by shareholders. The announcement, which comes alongside the company’s poor quarterly results, follows a period in which Mr Bonderman has […]
Shareholder support for Ryanair chairman David Bonderman at the company’s recent AGM was even lower than reported, new research by trade union groups shows. The International Transport Workers’ Federation (ITF) and European Transport Workers’ Federation (ETF) have analysed the records of shareholder votes published since the Ryanair AGM last month. The research shows that even […]
Ryanair chairman David Bonderman has been re-elected at the company’s annual general meeting, although his position at the company looks increasingly untenable. Today (20 September) Mr Bonderman faced his most contested election as chairman of Ryanair, with 29.5% of shareholders either voting against him or abstaining compared to 12.5% in 2017. Based on these results […]
By Benjamin D Katz Ryanair Holdings Plc’s chairman of more than two decades, American billionaire David Bonderman, is facing increasing opposition to his re-election at the Irish discount carrier’s annual meeting this month. The ITF and ETF international labor groups and investor-advisory service Glass Lewis are separately lobbying against the reappointment of Bonderman, a long-time […]
The International Transport Workers’ Federation (ITF) and European Transport Workers’ Federation (ETF) are calling for shareholders to oppose the re-election of Ryanair chairman David Bonderman and overhaul the company’s corporate governance practices. Back in December the company finally announced that it would recognise trade unions for the first time. Progress since then has been erratic […]
