Air Methods responds to shareholders board nominations

Library image

Air Methods Corporation has responded to shareholders Voce Capital’s nomination of four candidates to the Air Method’s board of directors. The move by Voce has been motivated by what it claims is mismanagement of the company. The discussions between the two parties have been going on for a number of years.

Air Methods stated: “Air Methods maintains an ongoing dialogue with our investors. Our board of directors and management team recognise the right of investors to nominate directors. In keeping with our long-held practice of maintaining a high calibre board with exceptionally qualified directors, we will carefully evaluate Voce’s nominees. Shareholders need not take action at this time. Our board of directors remains highly engaged with the management to ensure the company’s operating and strategic plan is fully aligned with the best interest of all shareholders.”

Share/Save

Other news

Great North Air Ambulance Service (GNAAS), a UK HEMS charity, has announced that the early results of its trail using plasma onboard it helicopters has seen yet more ‘...

The air ambulance division of German special mission operator FAI rent-a-jet AG has announced that it achieved record revenues of over €45 million in 2016.

LifeFlight has announced that the Queensland state government has committed AU$800,000 to the organisation.

NRH has reported that it has made ‘significant savings’ since switching to in-house maintenance 18 months ago.

Florida, US-based fixed wing air ambulance provider Global Jet Care recently under took an inspiring and amazing repatriation of a 19-year-old who was attacked by an...