Michael Cawley: Ian Greenwood and Nomination Committee

michael cawley: The LAPFF chair, Ian Greenwood, has written to Michael Cawley, the chair of Ryanair's nomination committee, saying it will file the resolutions in favour of the changes at the Dublin-listed firm's next annual meeting in September 2019, according to The Guardian. LAPFF has not received a response to the letter, sent on 12 October. As well as calling for Bonderman to be replaced, the Local Authority Pension Fund Forum LAPFF has told the Irish airline to start planning for a successor to Michael O'Leary, who has been chief executive since 1994. LAPFF, which represents the pension funds of local authorities across the UK holding combined assets worth more than 230bn, holds about 1% of Ryanair's shares. It is likely the resolution will gain the backing of enough shareholders, after almost 30% of shareholders voted against Bonderman's reappointment at the last annual meeting, in September. Under Irish company law, investors holding 3% of shares can introduce a resolution, meaning LAPFF must seek the support of other large investors. (news.financializer.com). As reported in the news.