Contrarian Corpus

185 documents showing 61–120

Engine Capital 2024-10-16

Dye & Durham Limited DND

Engine, owning 7.1% of Dye & Durham, will run a board slate at the 2024 AGM, arguing a refreshed board can close the 8x-vs-18x EBITDA peer gap.

N2 V1 C1
Elliott Management 2024-10-15

Southwest Airlines Co. LUV

Southwest is the most compelling airline turnaround opportunity in two decades

N2 V3 C3
Elliott Management 2024-09-26

Southwest Airlines LUV

Southwest management has destroyed more value through inaction than anyone in the industry

N3 V4 C4
Engine Capital 2024-09-25

Dye & Durham Limited DND

Engine urges Dye & Durham's board to hold its 2024 AGM in December per TSX rules, or face board changes over entrenchment, delay tactics, and CEO Proud's destructive M&A.

N2 V1 C1
Elliott Management 2024-09-24

Southwest Airlines LUV

Worst-performing management team in airlines has destroyed more value than any peer

N3 V4 C4
Elliott Management 2024-09-24

Southwest Airlines Co. LUV

Management and Board are entrenching via poison pill and defensive maneuvers instead of accepting accountability

N3 V2 C2
Engine Capital 2024-09-19

Dye & Durham Limited DND

Court dismissal of OneMove litigation removes any remaining excuse to delay the Special Meeting

N2 V2 C1
Engine Capital 2024-09-11

Dye & Durham Limited DND

Dye & Durham's board broke its no-M&A pledge, re-levered to 5.3x, and lost six executives; shareholders need a Special Meeting and board change to close the peer valuation gap.

N4 V2 C2
Elliott Management 2024-09-10

Southwest Airlines LUV

Southwest is the most compelling airline turnaround opportunity in two decades

N4 V4 C4
Elliott Management 2024-08-26

Southwest Airlines Co. LUV

Shareholders lost more than 50% over three years under Kelly and Jordan

N4 V2 C2
Engine Capital 2024-07-30

C&C Group plc CCR

C&C has lagged peers by 81% since its 2019 LSE listing under four CEOs and a board owning 0.05%; electing Engine's two nominees brings M&A and capital-allocation expertise.

N3 V2 C1
Starboard Value 2024-06-17

Autodesk, Inc. ADSK

Autodesk's Board misled shareholders on free cash flow and ran out the nomination clock; reopen the vote, refresh directors, and fix margins to close the peer gap.

N4 V2 C3
Carl Icahn 2024-06-10

Southwest Airlines LUV

Southwest has the worst margins of any major U.S. airline under a 74-year legacy leadership team; a new outside CEO, refreshed board and modernized commercial strategy can deliver a $49 share price, 77% upside.

N5 V4 C4
Elliott Management 2024-06-10

Southwest Airlines LUV

Southwest lost 50%+ of market value in 3 years while peers thrived

N5 V4 C4
Carl Icahn 2024-05-06

Crown Castle Inc. CCI

N1 V1 C1
Bluebell Capital 2024-04-30

BlackRock BLK

BlackRock preaches stewardship to others while combining Chair and CEO under Larry Fink; shareholders should vote FOR Bluebell's Item 6 to require an independent Chair from 2025.

N4 V2 C1
Ancora 2024-04-27

Norfolk Southern NSC

Cleveland-Cliffs CEO publicly endorses Ancora's Norfolk Southern proxy fight, citing Cliffs' own 2014 board-overhaul win as proof that disciplined activism creates durable value.

N2 V2 C1
Ancora 2024-04-22

Norfolk Southern NSC

Norfolk Southern is the only Class I rail without PSR; electing Ancora's seven nominees replaces Alan Shaw with Barber and Boychuk to redesign the network and reach $420/share.

N4 V3 C3
Land & Buildings 2024-04-18

National Health Investors, Inc. NHI

NHI is an undervalued senior-housing REIT whose conflicted, interlocked board threatens to give away the upcoming NHC lease renewal — vote AGAINST Webb and Swafford to force change.

N4 V2 C2
Ancora 2024-04-15

Norfolk Southern Corporation NSC

Norfolk Southern is the worst-performing Class I railroad under Alan Shaw; replacing the Board and installing UPS/CSX operators to run PSR closes the 780bps OR gap and unlocks $420 per share.

N5 V4 C4
Bluebell Capital 2024-04-11

TIM S.p.A. (Telecom Italia) TIT

Vote Bluebell's slate to replace TIM's worst-in-class CEO Labriola with Google Cloud exec Laurence Lafont, halt strategic chaos, and unlock ~100% upside versus European telco peers.

N4 V3 C3
Bluebell Capital 2024-04-09

BlackRock BLK

BlackRock's combined Chair/CEO and below-peer governance have delivered only market-matching TSR since 2009 and fuel greenwashing risk; shareholders should vote FOR an Independent Chair at the 2024 AGM.

N4 V3 C3
Bluebell Capital 2024-04-09

BlackRock BLK

BlackRock's combined CEO/Chair role and entrenched Lead Independent Director leave the board without true oversight; bylaws should mandate an Independent Chair from AGM 2025.

N4 V2 C3
Bluebell Capital 2024-04-05

BlackRock, Inc. BLK

Bluebell demands BlackRock separate the combined Chair/CEO role via a binding bylaw amendment at the 2024 AGM, offering to withdraw only if the Board irrevocably commits to an independent Chair from 2025.

N2 V2 C1
Trian Partners 2024-03-29

The Walt Disney Company DIS

Disney has underperformed its peers across every recent time period under the incumbent board; elect Trian's Peltz and Rasulo to restore focus, accountability, and shareholder alignment.

N3 V3 C3
Ancora 2024-03-26

Norfolk Southern NSC

Norfolk Southern is the worst-performing Class I railroad under CEO Alan Shaw's failed 'resilience railroading'; elect Ancora's slate to install Jim Barber as CEO, adopt true PSR, and unlock ~60% upside.

N4 V3 C3
Trian Partners 2024-03-01

The Walt Disney Company DIS

Disney's decade of underperformance stems from a board lacking focus and accountability; electing Peltz and Rasulo brings ownership mentality to fix succession, streaming economics and capital allocation.

N5 V4 C4
Trian Partners 2024-03-01

The Walt Disney Company DIS

Disney lost its way under a distracted, unaccountable board; replacing two directors with Peltz and Rasulo restores focus on DTC margins, CEO succession, and capital discipline.

N5 V4 C4
Trian Partners 2024-03-01

The Walt Disney Company DIS

Disney's decade of underperformance stems from a passive Board; Trian's nominees Peltz and Rasulo will fix CEO succession, right-size legacy media, and drive DTC to Netflix-like 15-20% margins by 2027.

N5 V4 C4
Ancora 2024-02-01

Elanco Animal Health ELAN

Elanco has destroyed billions under CEO Simmons and an insular classified board; replacing four directors at the 2024 AGM installs accountability and unlocks the animal-health turnaround.

N4 V4 C4
Trian Partners 2024-02-01

The Walt Disney Company DIS

Disney squandered a winning hand through a weak, unfocused Board; electing Peltz and Rasulo brings the shareholder mindset needed to reverse years of TSR underperformance.

N3 V3 C3
Trian Partners 2024-01-18

The Walt Disney Company DIS

Disney's board has failed shareholders — TSR lags peers by 401% over ten years — so Trian is nominating Peltz and former CFO Rasulo to restore governance, accountability, and 'the magic.'

N3 V2 C2
Starboard Value 2023-05-05

LivePerson, Inc. LPSN

LivePerson's Founder-CEO LoCascio has destroyed value and ignored governance; Starboard is launching a 2023 proxy fight to force a CEO change or sale of the company.

N4 V2 C2
Engine Capital 2023-04-20

Parkland Corporation PKI

Parkland's board re-nominated its 24-year chairman and set sub-cost-of-capital ROIC targets; Engine urges shareholders to WITHHOLD on all incumbents to force governance, pay, and portfolio reform.

N3 V1 C1
Ancora 2023-02-08

Ritchie Bros. Auctioneers RBA

Back the amended RBA-IAA merger: $350-900M of synergies, a Starboard/Ancora-refreshed board, and Luxor's anti-deal case is flawed — RBA should re-rate from $62 to ~$130.

N4 V3 C3
Starboard Value 2023-02-06

Rogers Corporation ROG

Starboard's 6.5% stake in Rogers Corporation backs a board slate of specialty-materials veterans, arguing undervalued shares warrant fresh director expertise after the failed DuPont sale.

N2 V1 C1
Palliser Capital 2022-12-19

Capricorn Energy PLC CNE

Capricorn's board is destroying value by forcing a low-ball NewMed sale; replacing seven directors unlocks up to 400p per share via Palliser's Value Optimisation Plan.

N4 V2 C1
Starboard Value 2022-05-09

LivePerson, Inc. LPSN

Founder-CEO Rob LoCascio's unchecked power has produced repeated missed commitments and a 70% stock decline from peak

N4 V2 C2
Starboard Value 2022-05-09

LivePerson, Inc. LPSN

Founder-CEO LoCascio has lowest Glassdoor approval among peers; toxic culture rewards loyalty over performance

N4 V3 C3
Carl Icahn 2022-05-01

McDonald's Corporation MCD

McDonald's board broke a 10-year promise to end gestation crates; replace Penrose and Lenny with two ESG experts to fix systemic governance and sustainability failures.

N4 V3 C3
Sachem Head 2022-04-26

US Foods Holding Corp. USFD

Sachem Head owns 8.7% of US Foods and is running a proxy fight to install five directors who can close the Sysco margin gap and deliver ~100% upside.

N4 V3 C3
Engine Capital 2022-03-22

Houghton Mifflin Harcourt HMHC

Veritas' $21 tender for Houghton Mifflin Harcourt steals value at 7.6x UFCF; a self-funded Dutch tender and standalone plan could deliver roughly $42 per share by 2024.

N3 V1 C1
Starboard Value 2022-03-08

Huntsman Corporation HUN

Huntsman failed all 2016 and 2018 Investor Day EBITDA and share-price promises

N4 V4 C3
Starboard Value 2022-03-03

Huntsman Corporation HUN

Huntsman underperformed the S&P 500 by 337% from IPO to Starboard's involvement

N5 V4 C4
Starboard Value 2022-03-02

Huntsman Corporation HUN

Huntsman has broken every major Investor Day commitment since 2014 — fooled shareholders three times

N5 V4 C4
Starboard Value 2022-02-28

Huntsman Corporation HUN

Huntsman returned just 80% since its 2005 IPO vs. 642-822% for peers, a ~562% deficit under CEO Peter Huntsman

N5 V4 C4
Starboard Value 2022-02-10

Huntsman Corporation HUN

Huntsman has underperformed peers by 575% since IPO and missed three straight Investor Day targets; elect four Starboard nominees on the BLUE card to restore board accountability.

N3 V2 C2
Starboard Value 2022-02-10

Huntsman Corporation HUN

Huntsman has underperformed proxy peers by 575% since its IPO

N4 V3 C3
Starboard Value 2022-01-12

Huntsman Corporation HUN

A decade of missed EBITDA targets: 2014, 2016 and 2018 Investor Day aspirations all unmet

N4 V2 C2
Starboard Value 2022-01-12

Huntsman Corporation HUN

Three consecutive Investor Days (2014, 2016, 2018) missed EBITDA targets by hundreds of millions

N4 V2 C2
Starboard Value 2021-08-16

Box, Inc. BOX

Box has chronically lagged peers and entrenched itself via an unnecessary $500M KKR preferred financing; electing Starboard's minority slate restores stockholder accountability and unlocks long-term value.

N4 V2 C1
Starboard Value 2021-08-06

Box, Inc. BOX

Box is a best-of-breed cloud content platform that has missed every revenue target since IPO; a reconstituted board can fix go-to-market execution and close a massive valuation gap to peers.

N4 V3 C3
Starboard Value 2021-05-20

Box, Inc. BOX

Box's board issued $500m of KKR preferred to lock up >10% of the vote and entrench itself ahead of Starboard's proxy contest — Starboard demands the books and four new directors.

N3 V1 C1
Starboard Value 2021-05-10

Box, Inc. BOX

Box has underperformed cloud peers for years despite engagement, and the Board just cut a dilutive financing to 'buy the vote' — Starboard nominates four directors to force real transformation.

N3 V1 C1
Starboard Value 2021-05-03

Box, Inc. BOX

After a failed 2020 settlement, Starboard will nominate directors at Box's 2021 Annual Meeting, citing missed growth targets and a $500M convertible preferred it calls a 'buy the vote' scheme.

N3 V2 C1
Ancora 2021-02-16

Forward Air Corporation FWRD

Forward Air's acquisition-led growth strategy has decimated its core LTL margins; Ancora's nominees will restore operating discipline and unlock ~50% upside to $130-$135/share.

N4 V2 C2
Starboard Value 2021-01-21

Corteva, Inc. CTVA

Corteva's spin-off potential is squandered by CEO Jim Collins and a complacent Board; Starboard nominates eight directors to force leadership change and unlock operating value.

N3 V2 C1
Starboard Value 2020-05-11

GCP Applied Technologies GCP

Starboard rebuts GCP: stock has lagged peers on every milestone since the 2016 spin-off, and Starboard's superior director slate can finally drive the turnaround management hasn't delivered.

N4 V3 C3
Starboard Value 2020-04-30

GCP Applied Technologies GCP

Four years post-spinoff, GCP has lagged peers on growth, margins, and stock price under an insular, interconnected Board; replace nine directors and unlock ~600 bps of EBIT margin expansion.

N4 V3 C3
Starboard Value 2019-03-18

Bristol-Myers Squibb BMY

BMY is overpaying ~$30B for Celgene's risky pipeline, betting on 10 blockbusters in 8 years vs 3 in 15; shareholders should vote against and unlock 900bps of standalone margin upside.

N5 V3 C3