Prior to the settlement, he had planned to place an entirely new, handpicked board before investors for a vote at the Aug. 1 meeting.

FORBES: Yahoo! Settles With Icahn

Only one more key meeting is planned between the NMEC board and Ms Page- to discuss her financial settlement.

BBC: Sponsors 'called for Dome resignation'

The company had already planned to retire another coal-fired power plant in Kentucky that is covered by the settlement, even though it was not required to stop using coal.

WSJ: Settlement binds power co. to stop burning coal