Mack-Cali Announces Steps to Accelerate the Ongoing Board Refreshment Process and Further Improve Corporate Governance
Mack-Cali Realty Corporation (CLI)
Last mack-cali realty corporation earnings: 2/26 07:36 pm
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US:NYSE Investor Relations:
mackurban.com/investor-relations
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Source: PR Newswire
JERSEY CITY, N.J., June 12, 2019 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) (the "Company" or "Mack-Cali") today announced that, in an effort to accelerate the Company's ongoing process to refresh its Board of Directors, four of the Company's current directors, David S. Mack, Nathan Gantcher, Alan G. Philibosian and Vincent Tese, have decided not to stand for re-election at the Company's Annual Meeting of Stockholders (the "Annual Meeting") scheduled for today, June 12, 2019. Accordingly, the Company has withdrawn its previous nominations of Messrs. Mack, Gantcher, Philibosian and Tese to stand for election to the Board at the Annual Meeting. As a result of the Company's withdrawal of these four candidates from nomination, eleven individuals remain nominated to stand for election as directors at the Annual Meeting, all of whom will be elected to the Board at the Annual Meeting.The Company also announced that, in furtherance of the Mack-Cali Board's commitment to corpor
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