Ryanair investors square up for second fight over chairman Bonderman
The LAPFF has filed a motion calling for the replacement of the low-cost carrier's long-serving chair and for it to set out succession plans for CEO Michael O’Leary
The build up for the Ryanair sponsored battle of (David) Bonderman part two has started a bit earlier than anyone expected.
Credit goes to the Local Authority Pension Fund Forum (LAPFF) for starting the first round of pre-fight sparring.
It might be a very unlikely Frank Warren, but in signalling that it plans to file a shareholder resolution calling for the replacement of Bonderman as chair of the company, together with a demand that it publish succession plans for CEO Michael O’Leary, it has done a nice job of stirring the pot and giving us something to talk about ahead of a boring UK budget.
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