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Top BAE investors call for chairman’s resignation

By Stephanie Gruner Buckley


A link from Financial Times

A group of BAE Systems shareholders has demanded the resignation of chairman Dick Olver and Sir Peter Mason, BAE’s senior independent director, following the failed merger attempt with EADS two weeks ago. In a letter to the board, investors said they should stand down because of “significant damage” caused by the botched attempt to create a pan-European aerospace group.