Business

Mass. Movers

Mac-Gray alters its governance structure

Mac-Gray provides services to college residence halls.
Pat Greenhouse/Globe Staff/File
Mac-Gray provides services to college residence halls.
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The board of Waltham’s Mac-Gray Corp. disclosed a change to the company’s governance framework. The panel approved the termination of its shareholder rights plan and voted to recommend the adoption of a majority vote standard to amend Mac-Gray's bylaws. The provider of laundry facilities management services to multifamily housing and college and university residence halls also nominated the reelection of directors David W. Bryan and Mary Ann Tocio.