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WALKER & DUNLOP, INC. FILES (8-K) Disclosing Change in Directors or Principal Officers(Edgar Glimpses Via Acquire Media NewsEdge) Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On February 7, 2014, Edmund F. Taylor gave notice of his decision not to stand for re-election as a member of the Board of Directors of Walker & Dunlop, Inc. (the "Company") at the end of his current term, which expires at the Company's 2014 annual meeting of stockholders (the "2014 Annual Meeting"). Mr. Taylor's decision not to stand for re-election was based on Column Guaranteed LLC, an indirect subsidiary of Credit Suisse AG, no longer having a right to nominate a director for election to the Company's board under the terms of the Voting Agreement dated as of June 7, 2012, by and among the Company, Walker & Dunlop, LLC, Column Guaranteed LLC and CW Financial Services, LLC, due to a reduction in its share ownership of the Company well below the 10% threshold, and Mr. Taylor's desire to devote more time to his other professional activities. Mr. Taylor will continue to serve the remainder of his term as a director until the 2014 Annual Meeting. -------------------------------------------------------------------------------- [ Back To TMCnet.com's Homepage ] |