Burton Guns For Creo's Michelson

VANCOUVER, BC—Some contend that all is not well in the world of Creo Inc., from its recent financial performance to questions regarding the leadership of its CEO, down to the possibility of a sale.

A group of shareholders led by Robert Burton, the veteran commercial printing executive with a penchant for taking on reclamation projects, is seeking to ouster Creo CEO Amos Michelson. His Burton Capital Management LLC and Goodwood Inc. are attempting to insert new leadership—Burton himself—in a proxy battle after a filing last month with the U.S. Securities and Exchange Commission aimed at removing Michelson and the board of directors.