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Rezidor Hotel proposes board overhaul

Rezidor Hotel Group AB's nominating committee announced its recommendations for the chair of the board of directors and members of the board. In addition, the committee announced its recommendation for the company's auditor.

The nominating committee recommended Xin Di as chairman, and Liu Daoqi, Charles Mobus Jr., Song Xiang, Wolfgang Neumann, Lo Kin Ching, Andreas Schmid and Thomas Staehelin as members of the board of directors, until the next annual general meeting.

Staffan Bohman, Anders Moberg, Wendy Nelson, Trudy Rautio and Charlotte Strömberg have announced their unavailability for re-election. David Berg resigned from the board Jan. 27.

Furthermore, the committee, in accordance with the audit committee's opinion, recommended PricewaterhouseCoopers to be elected as the company's auditor until the next annual general meeting.

In addition, shareholder Thorwald Arvidsson submitted proposals on the company's workplace accident and equality policies, as well as proposals for a shareholder's association, increased oversight of board members' invoicing of their remuneration, the establishment of a quarantine of politically associated director nominees before they can be elected to the board, and proper representation of small and midsize companies on the board.

Arvidsson also proposed that different voting rights for shares should be abolished and that simple shareholder matters should be allowed to be handled in Stockholm instead of having to involve the company's Brussels headquarters.