Argo says Bobman nomination would lead to ‘degradation’ of board quality
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Argo says Bobman nomination would lead to ‘degradation’ of board quality

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Argo has said adding Ron Bobman and his other nominee David Michelson to its board would lead to a “degradation in the quality of board dialogue”, with neither bringing “any incremental skills” to the management team.

In a scathing response to the activist investor’s attempts to join the board of the firm, Argo announced that it had interviewed both nominees and concluded that their addition would result in a “loss of superior talent and experience”.


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