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    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.

    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.

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