Sport, set and match to Third Level? Bathtub & Physique Works appoints investor-approved Director 

THE WHAT? Bathtub & Physique Works has named Thomas Kuhn as a brand new Director, a call made following stress from investor Daniel Loeb’s hedge fund Third Level, in response to a report by Reuters. 

THE DETAILS A lawyer and former banker who’s at the moment a member of advisory and funding agency Doorbrook, Kuhn will be part of the board as its third newcomer, and was really helpful by Third Level. 

THE WHY? The information follows Bathtub & Physique Works assertion that it might not concede to Loeb’s ‘ultimatum’ of getting his private protégé Munib Islam named to the board, with Kuhn’s appointment reported to have appeased a possible problem from Loeb.