NasdaqGM:BLBDMachinery
Blue Bird Weighs Officer Liability Shield After Strong Multi Year Returns
Blue Bird has proposed an amendment to its certificate of incorporation that would limit the liability of certain officers for breaches of fiduciary duty.
The change would be implemented through corporate bylaw updates, subject to shareholder approval.
The proposal focuses on reshaping how accountability and legal exposure for specific executives are defined within the company.
For investors watching NasdaqGM:BLBD, this governance move sits alongside a share price of $51.06 and recent...