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.”

Other news

Technisonic Industries Ltd has announced the development and fielding of it’s all new multi-purpose communication port (MCP) on the TDFM-9000 series radios.

The government of Quebec in Canada has announced that it will now allow parents to accompany their sick or injured children if they are medically evacuated, in a change to...

Latitude Technologies will be showcasing the new S200-012P Iridium Satellite Push-to-Talk (PTT) device for air medical and first responder organizations at HELI EXPO

Precision Aviation Group, Inc., has announced the signing of a dealership agreement with Honeywell Aerospace which allows PAG to sell, exchange and provide MRO services on...

Airbus has appointed Bruno Even as Chief Executive Officer of Airbus Helicopters, effective 1 April 2018.