Dynegy Inc. DYN was informed today that Vincent J. Intrieri, currently a Dynegy independent director, has resigned from the boards of Viskase Companies, Inc. and American Railcar Industries, Inc. His decision to resign was made in an effort to be responsive to proxy advisory firms that believe that a director who serves on a large number of boards could be overextended and may not be able to commit sufficient focus and time required to be an effective director.
Mr. Intrieri is a director nominee standing for election at Dynegy's annual meeting of stockholders scheduled for June 15, 2011. He also serves as chairman of the finance and restructuring committee of Dynegy's Board of Directors.
Through its subsidiaries, Dynegy Inc. produces and sells electric energy, capacity and ancillary services in key U.S. markets. The power generation portfolio consists of approximately 11,600 megawatts of baseload, intermediate and peaking power plants fueled by a mix of natural gas, coal and fuel oil.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in