Although the official result will not be confirmed until all the proxy votes are counted over the coming weeks, Zilkha said after the vote that it appeared his side had “fallen a bit short”. Zilkha, who is the company’s largest individual shareholder with 1.5% of El Paso shares, added: “Whatever the final outcome, I hope that management and the incumbent board have heard loud and clear what the El Paso shareholders expect of them.”
Kuehn said El Paso plans to choose a permanent chief executive in the coming weeks.
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