Navigation Links
American Pacific Adopts Corporate Governance Changes
Date:9/15/2010

LAS VEGAS, Sept. 15 /PRNewswire-FirstCall/ -- At its regularly scheduled meeting on September 14, 2010, the Board of Directors of American Pacific Corporation (the "Company" or "AMPAC") (Nasdaq: APFC) took the actions summarized below:

  • Recommended that shareholders at the next Annual Meeting amend AMPAC's Certificate of Incorporation to replace the 80% vote requirement for director election with a simple majority vote requirement.
  • Amended the By-Laws to move the advance notice requirements for shareholder proposals and nominations for the Board of Directors 30 days closer to the date of each Annual Meeting.  
  • Suspended the effectiveness of the Company's Shareholder Rights Plan.

"Our board is committed to providing corporate governance that serves the best interests of all of AMPAC's stakeholders.  We believe that the recent actions are appropriate in today's business environment and consistent with the views of the majority of our shareholders," stated Joe Carleone, Chief Executive Officer.

ABOUT AMERICAN PACIFIC CORPORATION

American Pacific Corporation (AMPAC) is a leading custom manufacturer of fine chemicals, specialty chemicals and propulsion products within its focused markets. We supply active pharmaceutical ingredients and advanced intermediates to the pharmaceutical industry. For the aerospace and defense industry we provide specialty chemicals used in solid rocket motors for space launch and military missiles. AMPAC also designs and manufactures liquid propulsion systems, valves and structures for space and missile defense applications. We produce clean agent chemicals for the fire protection industry, as well as electro-chemical equipment for the water treatment industry. Our products are designed to meet customer specifications and often must meet certain governmental and regulatory approvals. Additional information about us can be obtained by visiting our website at www.apfc.com.


'/>"/>
SOURCE American Pacific Corporation
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. North American Spine Welcomes Kenneth Alo, M.D. to Physician Group
2. 322% Three Year Growth Puts American Radiologist Network on the 2010 List of Fastest-Growing Private Companies in the United States
3. Three in Ten Americans Would Use Their Cell Phone to Track Personal Health, Finds PricewaterhouseCoopers
4. American Association for Respiratory Care (AARC) Joins DRIVE4COPD to Raise Awareness of Nations 4th Leading Cause of Death
5. American Society of Interventional Pain Physicians (ASIPP) Promotes Patient Education and Outreach Initiatives During National Pain Awareness Month
6. United American Healthcare Corporation Announces Increase in Board Size and New Director Nominees
7. Americans to U.S. Food and Drug Administration: Preserve Life-Saving Medicines; Reduce Antibiotic Use in Food Animal Production
8. U.S. Appeals Court Reinstates Claim That Controversial Diet Drug Redux Should Never Have Been Offered to American People
9. North American Spine Welcomes Robert R. Bulger, M.D. to Dallas Physician Group
10. The American Diabetes Association and Eli Lilly and Company Encourage African-Americans to Face the Music about Diabetes Management
11. American Oriental Bioengineering to Report Second Quarter 2010 Financial Results on August 9, 2010
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/11/2016)... , Feb. 11, 2016  Kindred Biosciences, Inc. (NASDAQ: ... and improving the lives of pets, today announced the ... the New Animal Drug Application (NADA) for Zimeta™ (dipyrone ... study (KB0120) of Zimeta for the control of pyrexia ... --> --> The ...
(Date:2/11/2016)... , Feb. 11, 2016 Potrero Medical, Inc., the ... to announce the appointment of George M. Rapier, III ... San Antonio, TX , WellMed is one of the ... patients and HMO members in Texas ... 1990 out of his own internal medicine practice, he has ...
(Date:2/11/2016)... , Feb. 11, 2016  AfterPill.com is reporting that ... alcohol abstinence for all women who are at risk ... U.S. each year and raises the risks of unprotected ... --> According to the Guttmacher Institute, there ... women of child-bearing age, who have sex without the ...
Breaking Medicine Technology:
(Date:2/13/2016)... ... ... DDi , a Makro company, makes it to ... in eClinical Solutions. DDi has built its solution competency with a unique blend ... DDi provides smarter technology for Clinical Development, Regulatory and Enterprise domains by providing ...
(Date:2/12/2016)... ... 12, 2016 , ... The law firm of Morrow, Morrow, Ryan & Bassett ... of these scholarships is to encourage applicants to pursue a degree in their field ... two parishes. , “We have available jobs in St. Landry and Evangeline Parishes ...
(Date:2/12/2016)... Church, VA (PRWEB) , ... February 12, 2016 , ... CDRH Enforcement Trends: , Back ... http://www.fdanews.com/cdrhenforcementtrends , As Winston Churchill said, “Those who don’t learn from ... will show what to expect when they come knocking this year. But that takes time. ...
(Date:2/12/2016)... ... 12, 2016 , ... As a former television executive, owner Tal Rabinowitz knows ... time to decompress, Rabinowitz found herself drawn to a casual meditation class while working ... her life, implementing a 20-minute-per-day meditation practice with her team. After her tenure at ...
(Date:2/12/2016)... , ... February 12, 2016 , ... ... Leadership Series at Zuckerberg San Francisco General Hospital on April 5-7. The series ... behaviors and create new habits. The workshops cover a broad range of topics, ...
Breaking Medicine News(10 mins):