Twitter Reaches Deal to Keep Silver Lake’s Egon Durban on Board

Twitter Inc. the board of directors reached an agreement to keep Egon Durban as director after he failed to win majority shareholder support for a new term due to concerns he sat on too many boards.

Mr Durban, co-CEO of private equity firm Silver Lake, has submitted his resignation from the social media company’s board following preliminary results of the votes at Twitter Wednesday’s annual meeting left him short of the threshold needed to keep his seat.

https://www.wsj.com/articles/twitter-reaches-deal-to-keep-silver-lakes-egon-durban-on-board-11653666724?mod=pls_whats_news_us_business_f Twitter Reaches Deal to Keep Silver Lake’s Egon Durban on Board

Edmund DeMarche

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