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A board shakeup is being demanded by disgruntled shareholders of Aimia Inc., the troubled loyalty rewards company that sold its Aeroplan business and has lost more than two thirds of its stock value in recent years.Investor Charlie Frischer leads a group known as Aimia Shareholders for Accountability that wants to replace chairman Bill McEwan, CEO Jeremy Rabe and directors Thomas Gardner and Robert Kreidler, according to a statement by Frischer group.remain shocked at Aimia board behavior towards me and other large shareholders, Seattle based Frischer said. Some point, you just have to stand up for your rights as a shareholder and stop the value destruction of entrenched boards.Aimia acknowledged the request and said it would respond in due course.The company said in its statement that Aimia the leadership of a strong and renewed board of directors, has undergone significant positive change over the past 12 months with the input of its shareholders and other stakeholders, nfl jeseys and is making good progress with its new strategic direction. Is also seeking correspondence between the Fischer group, Mittleman Brothers LLC, the largest shareholder in Aimia with about 23 per cent, china nike jerseys and other shareholders concerning any collusion on a takeover bid, it said.Aimia lost $118.8 million in adjusted net income last year and the stock at $3.41 today has shed more than 80 per cent of its value since a high of $17.41 Nov.
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