Ex-Scangroup boss rallies shareholders to expel CEO, board

WPP Scangroup former CEO Bharat Thakrar.

Photo credit: File | Nation Media Group

WPP Scangroup founder and former CEO Bharat Thakrar is seeking the support of fellow minority shareholders to oust the firm’s board at the annual general meeting (AGM) scheduled for Monday in a rare show of investor activism.

Mr Thakrar on Monday kicked off a campaign calling on the minority shareholders to register and vote for the removal of the current board members and back a new team of directors at the June 8 AGM.

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