Icahn called off plans Tuesday to elect a slate of five directors , including himself, to VISX's board at the company's annual meeting May 4. Before the guild can strike, of course, its negotiators will have to brief its board of directors . Chief Executive Alvaro Saralegui will oversee the sales, it said, and all members of its board of directors except Chairman Alan Ramadan have resigned. President and Chief Operating Officer Larry Mueller the new chief executive Monday, replacing Keith Krach, who will stay on as chairman of the board of directors . Company managers discuss the previous year's results and discuss the future outlook, and shareholders vote on the board of directors .
Investors also have chances to make comments or ask questions of management.
We encourage Mr. Icahn to make a proposal with definitive terms that can be evaluated by VISX's Board of Directors . The offer values each Scandic share at 144 crowns, a 30.9 percent premium to Friday's close. Scandic's board of directors recommended shareholders accept the offer. The ABA, based in New York, portrayed the settlement as its own victory. The ABA, based in New York, portrayed the settlement as its own victory.