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Stock Market & Financial Investment News

News Breaks
July 3, 2014
07:28 EDTLOVSpark Networks shareholders reject poison pill proposal, director resigns
Spark Networks disclosed in a regulatory filing that at its annual meeting on June 27 shareholders did not approve a stockholder proposal regarding poison pills. Stockholder proposals to amend the companyís bylaws to permit stockholders to call special meetings and to allow beneficial stockholders to submit proposals and nominations for director were approved, the filing showed. Additionally, Thomas Stockham resigned from the board of directors of Spark Networks, effective as of the certification of the results of the 2014 annual meeting, which occurred on July 2.
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December 15, 2014
16:52 EDTLOVSpark Networks names Michael Egan as CEO effective January 2, 2015
On December 15, Spark Networks announced that the companyís Board of Directors will appoint Michael S. Egan as CEO, effective January 2, 2015. In conjunction with Eganís appointment, Michael J. McConnell will step down from his position as Interim Executive Chairman on January 2, 2015, but will retain his role as Chairman of the Board. Egan is joining the company from Internet Brands, where he served in a number of capacities since 2008. He has most recently served as Senior Vice President and Group General Manager of the Home, Careers, Money and Health Divisions.

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