Barton Winokur, the former head of Dechert and a longtime member of the board of directors at Philadelphia-based CDI Corp., is facing a public call for his resignation from the company’s board by two shareholders.
In an open letter released last week, investor Joshua Schechter and investor Bradley Radoff and his affiliates called on Winokur to step down from his role on CDI’s board. They allege that Winokur has “serious conflicts of interest,” given his partnership at Dechert and the fact that CDI has retained the firm for millions of dollars in legal work.
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