Capital Returns says Bobman, Michelson should replace Ramji, Bailey on Argo’s board
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Capital Returns says Bobman, Michelson should replace Ramji, Bailey on Argo’s board

Argo MA.jpg

Activist investor Capital Returns is seeking support to elect its nominees, Ron Bobman and David Michaelson, to serve on Argo’s board of directors, replacing Al-Noor Ramji and Bernard Bailey, according to a proxy statement.

The recommendation came as the specialty insurer is set to hold its annual meeting with shareholders on December 15, after it was initially delayed.

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