Tenneco board changes draw ire of activist investor

Auto pieces maker Tenneco Inc. shuffled its board Friday in a shift that could provoke a combat with previous Icahn Enterprises government Dan Ninivaggi, who in January demanded the board make extra-sweeping improvements or possibility a proxy battle.

Dennis Letham, a twelve-12 months veteran board member, will grow to be direct director effective April one in a shift that also shifts board member committee obligations, the enterprise reported in a statement Friday. It’s the second transform to Tenneco’s board this month, next a Feb. 5 conclusion to appoint previous Normal Motors CFO Chuck Stevens as a director.

The Lake Forest,

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