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EasyJet chairman Rake survives vote to oust him from board

EasyJet’s (U2) chairman and director Michael Rake survived an attempt to have him removed at an extraordinary general meeting Monday.

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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