Ryanair Shareholder Calls for Chairman’s Ouster

Ryanair Shareholder Calls for Chairman’s Ouster
A Ryanair airplane taxis past two parked aircraft at Weeze Airport, near the German-Dutch border, during a strike of Ryanair airline crews in Weeze, Germany, Sept. 12, 2018. Reuters/Wolfgang Rattay
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DUBLIN—Britain’s Local Authority Pension Fund Forum (LAPFF), which represents funds that own a combined 1 percent of Ryanair, on Oct. 28 said it planned to file resolutions at the company’s next annual general meeting to replace Chairman David Bonderman.

The group, which opposed Bonderman’s re-election at last month’s AGM, said it would lobby fellow shareholders to join it to secure the 3 percent of shares required to file a shareholder resolution at the next meeting, due in September 2019.