Shareholders elect Schweitzer to Stillwater board
BILLINGS, Mont. (AP) -- Shareholders of Montana's largest publicly traded
company have elected former Gov. Brian Schweitzer to the board of directors.
Schweitzer is part of a dissident group of Stillwater Mining Co. investors
who were looking to topple the current board. They allege mismanagement by the
company board and Frank McAllister, its chairman and CEO.
But the result of Thursday's shareholder vote to decide control of the company’s
board was split.
Schweitzer and three other members of the dissident group were elected, but so
were McAllister and three other current board members.
The results, which still must be verified, will force the two sides to work together.
The vote was taken during the company's annual meeting at its primary platinum
and palladium mine in Nye.