Shareholders Win Heated Battle to Oust Chief Executives at Booth Firm Photo Me ; Digital Technology

Summary


Activist shareholders yesterday won their battle to oust the top executives of photo booth operator Photo-Me.

Chairman Vernon Sankey stepped down with immediate effect, bringing forward his resignation by six weeks to spare the company a "protracted and public disagreement" over his departure date.

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Shareholders Win Heated Battle to Oust Chief Executives at Booth Firm Photo Me ; Digital Technology

Meanwhile, chief executive Serge Crasnianski said he would retire by November 30 follo...

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