Sykes turns up the heat on board directors

Members of the board of directors of Sykes Enterprises Inc. have agreed to pre-fire themselves. The board amended its bylaws to require incumbent directors sign a letter of resignation before the company’s annual shareholders meeting,  a filing with the U.S. Securities and Exchange Commission said. The letter becomes effective if a director fails to get enough votes for re-election at the meeting – a majority, or one more than 50 percent, for uncontested elections – and if the board decides… Reported by bizjournals 18 hours ago.