Baxter Appoints Munib Islam to Board; Announces Agreement with Third Point
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Baxter (BAX) Enters Agreement with Third Point; Will Add Munib Islam as Director
September 30, 2015 9:02 AM EDTBaxter (NYSE: BAX) announced it has reached an agreement with Third Point LLC to appoint Munib Islam to its Board of Directors immediately and add another, mutually agreed upon independent director in the near-term. Mr. Islam, a Partner at Third Point, will serve on the Boards executive search working group and audit committee. The companys Board will increase to 12 members with the addition of the two new directors.
''We are pleased to welcome Munib to the Board. He will provide fresh perspectives from the companys largest shareholder and will be... More
