Twitter Will Keep Durban on Board Despite Shareholder Vote
This article is for subscribers only.
Egon Durban, the co-Chief Executive Officer of private equity firm Silver Lake, will remain on Twitter Inc.’s board of directors despite failing to receive enough votes for re-election at the company’s annual shareholder meeting on Wednesday.
Institutional Shareholders Services Inc., an advisory firm, had recommended against Durban’s re-election because he serves on the boards of “more than five publicly traded companies.”