You have flatly refused to listen to any of the proposals that we have made. In light of this, we have determined to make a proposal to acquire KT&G.
"Warren G. Lichtenstein" (born 1965) is Chairman and CEO of Steel Partners LLC. Based in New York City. He has served as the Chairman of the Board and CEO of the general partner of Steel Partners Holdings L.P. since July 15, 2009.
Lichtenstein graduated from the University of Pennsylvania with a Bachelor's degree in economics. Before that, he attended Tulane University.
Lichtenstein manages a charitable organization called Steel Partners Foundation that is a significant donor to the building of a first Jewish synagogue in Aspen, Colorado.
He has a son from a former marriage. Lichtenstein has a daughter, Isabella, with Annabelle Bond.
More Warren Lichtenstein on Wikipedia.You have flatly refused to listen to any of the proposals that we have made.
The company's ability to designate the number of directors up for election ... disenfranchises shareholders.
We are prepared to allow you to demonstrate this or a greater value to us and would consider increasing our acquisition price if you are able to do so.
We believe such a decision, without justifiable reason, infringes our statutory right to submit shareholder proposals.
We made our commitment to KT&G because we are confident in the strong potential of this company. If the CEO is not willing to consider our proposals as investors, we have no choice but to continue to seek election of our nominees.
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