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Melrose Suspends Dividends, Cuts Executive Pay

April 9, 2020 by Ted Leave a Comment

Parent of Many Top CI Brands Steps in to Adjust for Impact of COVID-19

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Melrose Industries PLC has announced it will suspend the payment of its usual year-end dividend in the face of the deteriorating economic environment as a result of the global spread of Coronavirus (COVID-19). Melrose, the U.K. turnaround specialist that is parent company of the U.S. based Nortek has taken other actions to adjust operations at its operating companies in the face of COVID-19.

Learn more about Melrose’s actions to adjust to COVID-19…

[Read more…] about Melrose Suspends Dividends, Cuts Executive Pay

Filed Under: Financial, Manufacturers, News, Strategy Tagged With: 2GIG, Elan, Furman, GKN, GoControl, Linear, Melrose, Melrose Industries, Melrose Industries PLC, Melrose PLC, Niles, Nortek, Panamax, SpeakerCraft, Sunfire, Xantech

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A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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