- Health and beauty product maker CCA Industries (CAW +3.3%) says its shareholders have voted to replace two directors, Stanley Kreitman and Robert Lage, and bring back Sardar Biglari and Philip Cooley over a year after their abrupt resignations.
- Biglari -- founder, CEO and chairman of "mini-Berkshire" Biglari Holdings (NYSE:BH-OLD) -- and his vice chairman Cooley had been directors at CCA from August 2011 to July 2014.
- The move is the result of an agreement filed last November that involves an exchange of holdings/board seats transaction.