HEKTAŞ Puts Forward Metin Yerebakan for Independent Board Seat
The board submitted Yerebakan’s proposed appointment for regulatory approval after Vahit Ferhan Benli became unable to serve.
Key takeaways
- HEKTAŞ’s board proposed Metin Yerebakan as an independent director, subject to Capital Markets Board approval.
- The proposed appointment would last until the next general meeting and cover the remainder of the term.
HEKTAŞ’s board has proposed Metin Yerebakan as an independent director, subject to approval by Turkey’s Capital Markets Board. The company said the decision was made on October 12.
Yerebakan would replace Vahit Ferhan Benli, who was elected at the May 7 general meeting but is unable to carry out his duties. The proposed appointment would cover the remainder of Benli’s term, until the company’s next general meeting.
The board said it acted based on the Corporate Governance Committee’s report and the relevant corporate governance rule. The nomination does not mean Yerebakan has taken office: regulatory approval remains pending. If approved, he would fill the board seat until shareholders meet.
This article was produced with the help of AI technology. Source: Yahoo Finance
