NEW YORK (Reuters) - Michael Dell, founder of computer maker Dell Inc , was reelected to his company's board this month with more than a quarter of the votes withholding support for his election, reflecting investor displeasure with his tenure as CEO.
DELL (DELL.NQ)disclosed in a regulatory filing on Tuesday that 25.1 percent of the votes, or 377.8 million of 1.5 billion votes, withheld their support for the chief executive and chairman in a company annual meeting on Aug 12.
Michael Dell received the lowest number of votes in favor of his election of all 11 directors reelected.
Dell, once the world's largest personal computer vendor, ranks No. 3 behind Hewlett-Packard Co
Its shares have fallen more than 13 percent in the last year while the Nasdaq has risen more than 14 percent in that period.
The company has made a mix of major and small acquisitions in the last year as it tries to diversify beyond personal computers. This week it said it had agreed to pay $1.15 billion to buy 3PAR Inc
(Reporting by Yinka Adegoke; Editing by Richard Chang)
Relacionados
- Iniciativa d'Esquerres considera "injusto" que los municipios tengan que devolver dinero al Estado
- El PP-A llevará una iniciativa al Parlamento para que la Junta pague los casi 1.500 millones con solares
- El PP presentará una iniciativa para pedir al Gobierno que aplique el IVA superreducido en el sector turístico
- El PP extremeño pregunta a Vara si apoya la iniciativa 'popular' en el Congreso en defensa de las corridas de toros
- Aprobada sin el apoyo del PP una iniciativa "constructiva" para "conseguir resultados" en infraestructuras