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In Mr. Navaro's case, he formed an American company, Paris Home Shares LLC, that is the primary shareholder of his French company, a Société Civile Immobilier.
Boards of companies that failed to receive a majority vote in favor of executive compensation or received a high proportion of negative votes (even though receiving a majority vote in favor) should identify the primary shareholder concerns and take a hard look at whether changes are called for, based on fiduciary judgment.
Talal is the primary shareholder in Kingdom Holding Company.
As a CEO I have to take up the cash-loss position with the primary shareholder.
The financial details of the transaction were not disclosed but with this operation, Gimv will be the primary shareholder in the France-based company.
That has meant good tidings for both top management and the primary shareholder, the Daily Mail & General Trust, owner of mainstream British tabloids (the Daily Mail, the Evening Standard ) and dozens of other papers.
Similar(53)
The choice of Tomkins, a diversified industrial company, caps a nine-month selection process for the Gates family, the primary shareholders of the Gates Corporation, one of the world's largest privately held companies.
The league also approved the $175 million acquisition of the Devils from John McMullen by Puck Holdings, an entity controlled by the primary shareholders of YankeeNets, and the purchase of the Colorado Avalanche by Stanley Kroenke, a real estate developer.
The cofounders are still apparently the primary shareholders.
Mike Repole built his fortune in the food and beverage industry — he was a founder of Vitaminwater and is the chairman and primary shareholder of Pirate Brands snacks and Energy Kitchen fast-food restaurants.
Built in 1912, it reopened in 2004, with the art collector Ruedi Bechtler as a primary shareholder, and the Swiss art dealer couple Iwan and Manuela Wirth as additional partners.
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