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Luby’s to shake up board, make other changes amid proxy fight

Olivia Pulsinelli
Luby’s to shake up board, make other changes amid proxy fight

Houston-based restaurant owner Luby’s Inc. (NYSE: LUB) plans to make a series of changes in 2019 regarding its board and corporate governance, according to a Jan. 18 press release. The board changes include replacing two incumbent directors with two new independent directors and selecting a new board chair, per the release. The board currently is searching for the new independent directors.