EasyJet’s (U2) chairman and director Michael Rake survived an attempt to have him removed at an extraordinary general meeting Monday. Shareholders voted 46.7% in favor of the motion have him removed, but were defeated by 53.3% who voted against. In a July 20 letter to fellow shareholders, U2 founder Sir Stelios Haji-Ioannou highlighted a number of concerns about Rake’s position and urged shareholders to “join me by backing our motion for his removal at a general ...

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