Huntsman Corporation · HUN
8 decks published between 2022-01-12 and 2022-03-08 — 511 pages, 415 analysed slides total.
Timeline
-
2022-01-12 proxy fight
2022 01 Starboard_Value_LP_Letter_to_HUN_Board_01.12.2022
5pp · letterHuntsman's decade of missed EBITDA targets and defensive governance demand Board change; Starboard nominates four directors to restore accountability and close the chronic peer-valuation discount.
-
2022-01-12 proxy fight
2022 01 ex1todfan14a06297302_011222
61pp · 13D_filingHuntsman has missed every Investor Day target since 2014 and underperformed chemical peers by 330% since IPO; Starboard nominates four directors to force execution.
-
2022-02-10 proxy fight
e621273_ex 1
5pp · letterHuntsman 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.
-
2022-02-10 proxy fight
2022 02 Starboard_Value_LP_Letter_to_HUN_Stockholders_2.10.2022
5pp · letterHuntsman has chronically underperformed chemicals peers and missed three straight Investor Day targets; Starboard (8.6%) seeks four new directors to restore accountability and unlock value.
-
2022-02-28 proxy fight
2022 02 ex1todfan14a06297302_022822
238pp · full_deckHuntsman, led by the founding family for its entire history, has missed three consecutive investor-day targets and lags peer EBITDA margins by ~900bps; Starboard's four nominees can unlock ~600bps of margin expansion.
-
2022-03-02 proxy fight
2022 03 Starboard Value Huntsman Industrial Starboard Huntsman Presentation Mar 2022
90pp · full_deckHuntsman has serially missed its own Investor Day promises while an entrenched board shields management; elect Starboard's four independent chemical-industry nominees to restore accountability.
-
2022-03-03 proxy fight
2022 03 ex1todfan14a06297302_030322
17pp · letterStarboard is running a proxy fight for four Huntsman board seats, arguing a CEO-beholden board allowed 337% S&P underperformance and three missed Investor Day promises.
-
2022-03-08 proxy fight
2022 03 ex1dfan14a06297302_030822
90pp · full_deckHuntsman has misled shareholders for 15 years — missed EBITDA targets, destroyed Textile Effects, fire-sold Venator — while a legacy board shielded management; elect Starboard's nominees.