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Rolls-Royce, Volvo Replace CEOs as Activist Investors Gain Clout

2015-04-22 18:25:41| Appliances - Topix.net

Europe's activist spring may be here, with Rolls-Royce Holdings Plc and Volvo AB the latest to announce management changes after pressure from investors. Shares of Rolls-Royce gained as much as 5.4 percent after the maker of aircraft engines named Warren East chief executive officer to replace John Rishton.

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