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0.000402252614642058 0 0.000804505229284116 -0.00160901045856795 -0.00402252614641987 -0.00764279967819782 -0.0112630732099758 -0.0112630732099758
Stock impact report

MRC Global says Engine Capital board nominees don't bring added skills [Seeking Alpha]

MRC Global Inc. (MRC) 
Last mrc global inc. earnings: 4/28 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.mrcglobal.com/investor-overview
Company Research Source: Seeking Alpha
board determined the candidates " do not bring any additional skills to the board that it does not already possess." Engine Capital, which owns ~4.3% of MRC Global's ( MRC ) common stock, had nominated two candidates for election to the company's board at the upcoming annual shareholder meeting, one of them a partner at Engine Capital. Engine founder Arnaud Adjler said its board candidates had been made available for interviews, and the investment firm was willing to consider taking only a single board, but "considering the size of our ownership position and our significant concerns, it is disappointing the company has resisted working with us." Engine said MRC Global ( MRC ) has struggled as a public company since its IPO nearly 12 years ago, the company has been unable to resolve its ongoing dispute with preferred stockholder Cornell Capital, management's plan to pursue an M&A strategy is "concerning," and CEO Rob Saltiel "does not have a successful track record of creating va Show less Read more
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