A Chicago-based stockholder of CB&I is calling for the resignation of the corporation’s president and CEO for “squandering shareholder value on failed transactions,” specifically, the 2013 acquisition of The Shaw Group. Daniel Cohen, whose investment firm Cohen Capital Management has a 1% share of CB&I stock, says in a letter made public that CB&I’s “regrettable
CB&I shareholder calls company’s 2013 Shaw Group acquisition a ‘complete and utter disaster’
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.
