"Why is it that DuPont recognizes the need to upgrade the Board but refuses to allow a large stockholder with a strong track record into the Boardroom?"
Callouts & quotes from 2,037+ activist slides
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"Why is it that DuPont recognizes the need to upgrade the Board but refuses to allow a large stockholder with a strong track record into the Boardroom?"
"Transforming Office Depot: A Plan for Renewal and Reinvigoration — Starboard Value LP (White Paper Presentation filed with the SEC on August 2, 2013)."
"It is the responsibility of management and the Board of Directors (the “Board”) to drive improved consolidated financial results across all of Yahoo."
"Rodney's deep experience in every facet of oil & gas and significant industry public board experience will be a meaningful addition to the Hess Board"
"Elliott believes a board composed of truly independent directors is the most efficient and effective way to improve governance and performance at TIM"
"In our view, with resignation of Fortress Directors, BKD Board is deficient in both real estate experience and independent shareholder representation"
"Two of Zillow's founding members hold 59% of the voting power which allows them to exercise authority over institutional investors and Board members."
"At this time, we are not interested in selling a piece of the Orange St. property. — Bryce Kell, Business Administrator, Millville Board of Education"
"Based on our proprietary Vets First Choice algorithm, we believe Vets First Choice is onboarding +80 vet practices per week to their online pharmacy"
"We request a meeting with members of the Board at your earliest convenience to discuss the matters and initiatives we have set forth in this letter."
"While Epic moves into the cloud, athena’s board seems somewhat more grounded, and – excluding Bush – have sold 58% of their shares in the last year."
"This is a very serious matter: BP acting unlawfully represents a clear breach of the fiduciary relationship between the Board and BP’s shareholders."
"What metrics was the Board looking at to justify these increases in spending on Patch? Did the Board have any oversight or control around budgeting?"
"The Board has effectively disenfranchised shareholders while entrenching itself for an additional four-month period and should be held accountable."
"We believe Huntsman urgently needs strong independent board members who will demand accountability and work to maximize value for ALL shareholders."
"We believe Huntsman urgently needs strong independent board members who will demand accountability and work to maximize value for ALL shareholders."
"Go back to the old logo and raise the old Yahoo billboard on the 101 into San Francisco to send a message that the era of Marissa Mayer is now over"
"Third Point has identified potential board members who we believe would make essential contributions to the Company's Board at this critical time."
"We believe we must replace the Board promptly to strengthen and secure the Community Proposal and to enhance investor understanding and confidence"
"Put very simply, Trian intends to work with the Board to help drive Disney's outperformance with tangible targets, goals, and true accountability."
"The page ignores the fact that for companies on which Nelson Peltz has served on the board, Trian's average holding period is 7 years and growing!"
"VOTE for meaningful change VOTE to allow us to help improve Huntsman for the benefit of ALL shareholders VOTE on Starboard's BLUE proxy card today"
"VOTE for meaningful change VOTE to allow us to help improve Huntsman for the benefit of ALL shareholders VOTE on Starboard's BLUE proxy card today"
"However, we hope the Board recognizes that it is not a lack of aspiration, but a lack of execution, that has historically frustrated shareholders."
"Oasis denounces Kao's dilution of Board oversight and premature announcement of director changes before interviewing candidates submitted by Oasis"
"However, we hope the Board recognizes that it is not a lack of aspiration, but a lack of execution, that has historically frustrated shareholders."
"Margin targets have been consistently missed and lowered. Why should investors trust this Board to execute on yet another plan to improve margins?"
"Margin targets have been consistently missed and lowered. Why should investors trust this Board to execute on yet another plan to improve margins?"
"The Board has proven itself unable to effectively oversee management and the Company, and has destroyed shareholder value through its complacency:"
"SandRidge’s stock price immediately dropped 16%, destroying over $100 million of market value(1), but the board still argues it was a “good deal.”"
"Aronin’s actions caused widespread outrage, leading to his expulsion from the board and membership of PhRMA, the top pharma lobbying organization."
"Over 60% of BEA's shareholders are Independent Shareholders or Current Sellers (whom the BEA board cannot prevent from accepting a takeover offer)"
""[O]ne person with direct knowledge of the boardroom spats maintained that Mr. Genish was "Vivendi’s man"..." — Financial Times, November 13, 2018"
"We respectfully ask BP's Board of Director to urgently review and revise the 2023-2030 plan, by implementing the following six corrective actions"
"We believe the Board's ineffectiveness may be in part due to the unchecked power of the founder, Rob LoCascio, who serves as CEO and Board Chair."
"Since Starboard’s public engagement with Corteva, the Company has outperformed the S&P 500 by 41% and created significant value for shareholders."
"Huntsman’s long-term stock price performance has significantly lagged peers, demonstrating the need for improved accountability in the boardroom."
"DESPITE A LITANY OF MISSED PROMISES, THE BOARD HAS INEXPLICABLY CHOSEN TO GENEROUSLY COMPENSATE MANAGEMENT AND REWARD THEM FOR FAILED PERFORMANCE"
"Vote the GOLD card FOR all four of Elliott's highly qualified board nominees: Brian Coffman, Sigmund Cornelius, Michael Heim and Stacy Nieuwoudt."
"The Board claims we seek influence disproportionate to our ownership position, however, the current directors collectively own only ~0.2% of ROVI"
"The stark contrast in handling these similar situations raises serious questions about Board transparency and approach to shareholder engagement."
"Incumbent Board’s complete failure to hold CEO accountable led to a compensation scheme that is insulting to Campbell employees and shareholders"
"We believe that management and the Board may be more interested in entrenching themselves than in delivering maximum value for all shareholders."
"the limited authority conferred to the LID by BlackRock’s Board, confirms the lack of commitment to an effective counterbalance to the Chair/CEO"
"SAMC proposes to the Board of Directors that they review, as a matter of urgency, value creation alternatives to highlight RBC's full valuation."
"Trian believes that DuPont’s Board should ask whether the Lead Director has the capacity to effectively serve DuPont’s stockholders in that role"
"Agrium's Board has, in our view, done little to ensure that shareowners in the company have the information they need to make informed decisions"
"Disney has significantly underperformed the S&P 500 during every Director’s tenure, including over Mr. Iger’s near quarter century on the Board."
"Trian believes that DuPont's Board should ask whether the Lead Director has the capacity to effectively serve DuPont's stockholders in that role"
"Trian believes that DuPont's Board should ask whether the Lead Director has the capacity to effectively serve DuPont's stockholders in that role"
"the limited authority conferred to the LID by BlackRock's Board, confirms the lack of commitment to an effective counterbalance to the Chair/CEO"
"Starboard is Therefore Nominating a Slate of Nine Highly Reputable and Extremely Qualified Directors for Election at Yahoo's 2016 Annual Meeting"
"If you vote against Proposal 2, you will tell Apple and its Board that you agree with us and that Apple needs to improve its capital management."
"Disney has significantly underperformed the S&P 500 during every Director’s tenure, including over Mr. Iger’s near quarter century on the Board."
"Our Board nominees will ask the difficult questions to focus the Company on dramatically improving profitability and value for all shareholders."
"Independent Slate wonders if incumbent Board merely “rubber stamped” these acquisitions without conducting proper and independent due diligence"
"Before significant investments are made supporting company-owned restaurants, a fresh perspective at the Board level could benefit shareholders"
"We have nominated six new director nominees and two current board members to the 10-person Board, leaving the opportunity for Board continuity."
"Despite a long history of focusing shareholders on non-GAAP financial metrics, the Board conveniently reverts to GAAP in their SG&A comparison."