Callouts & quotes from 1,420+ activist slides

"We believe the Board needs to actively hold management accountable for earning appropriate returns on R&D and M&A moving forward."

"The turnaround at P&G is a case study on how Trian’s involvement at the board level can help a company unlock its full potential."

"Is this a truly independent Board that is willing to ask the difficult questions and hold management accountable to shareholders?"

"We would question why the Board and management are so satisfied with returns that can only be charitably referred to as mediocre."

"BE SHARPER. Clarify total company and category-specific strategies, improve transparency, add food & beverage expertise to Board"

"The incumbent Board is pushing a false narrative that does not include the elimination of gestation crates from its supply chain"

"Darden’s comp practices raise serious concerns about the oversight of the current Board and Darden’s proposed slate of nominees"

"Darden’s comp practices raise serious concerns about the oversight of the current Board and Darden’s proposed slate of nominees"

"Almost one month after this announcement, Lorenzo Simonelli, Chairman and CEO of Baker Hughes, stepped down from C3.ai's Board."

"Vote the GOLD card FOR Elliott’s highly qualified board nominees and proposal calling for annual elections for all board seats."

"Vote the GOLD card FOR Elliott's highly qualified board nominees and proposal calling for annual elections for all board seats."

"We believe that the best way to do this is to make underperforming management teams and boards accountable or to replace them."

"Your vote can help Phillips 66 improve operations, strengthen Board accountability and increase the value of your investment."

"The data does not support the board's argument that the integrated strategy results in superior returns over the long-term..."

"That being said, it appears that RedChip has more at stake than at least two of Nova’s Board members, including the Chairman."

"We Believe Co-Founder And Board Executive Chair Hasson Has Misrepresented Her Past And The FIGS Origin Story Is Questionable"

"Starboard's average return on a 13D filing is 26.4% (versus an average of 9.7% for the S&P500 during the same time periods)."

"In our view, the Fox acquisition highlights the Board's poor oversight on capital allocation and concerning alignment issues"

"As a first step, we believe there must be Board change at Huntsman, including direct representation for common shareholders."

"In our view, the Fox acquisition highlights the Board's poor oversight on capital allocation and concerning alignment issues"

"The first thing is, adding credible directors to the board to instill a culture of accountability of Phillips 66 management."

"Such a "perverse" outcome may be emblematic of a rushed process and a contract negotiated under duress by the sitting Board"

"As a Board member, Nelson will seek to ensure that management actually delivers on its $12-$13bn “productivity” commitment."

"Stryker's Board at the time of the stealth restatement had controversial people overseeing its finance and audit functions."

"We believe that the Board will benefit greatly by having a representative of a significant shareholder serve on the Board."

"We believe that Target’s suboptimal board has contributed to the company’s material underperformance during this recession"

"a single nominee from an outside shareholder in a boardroom of 12 directors is not sufficient to bring about needed change"

"Elliott Urges Shareholders to Support Meaningful Board Change By Voting on the Gold Card for Its Four Independent Nominees"

"We believe that the Board will benefit greatly by having a representative of a significant shareholder serve on the Board."

"Vote the GOLD card FOR Elliott's highly qualified nominees and proposal calling for annual elections for all Board seats."

"Notably, the board assigned its advisors the narrow task of only evaluating Pershing Square’s TIP REIT spin-off structure"

"We look forward to discussing these points with the Board of Directors as well as the other shareholders at the next AGM."

"We strongly believe the Shareholder Slate can reinvigorate the Board and help Sotheby’s achieve its substantial potential"

"Industry Disruption Does Not Absolve Disney’s Board for Poor Performance – It Is the Board’s Job to Look Over the Horizon"

"In our opinion, Aerojet's Board is weak and cannot be relied upon to accurately detect financial and accounting problems."

"Halit Coussin and Charlotte Denton joined the Board of Directors while Rupert Morley became Chairman of the Board in 2024"

"We kindly ask BP’s Board to require Mrs. Daley to step down from BP’s Board (unless she resigns from BlackRock’s Board)."

"We question whether this board has sufficient expertise to advise management on running a retail and credit card company"

"Vote the GOLD card FOR Elliott’s qualified Board nominees and proposal calling for annual elections for all Board seats."

"HUNTSMAN NEEDS STRONG INDEPENDENT BOARD MEMBERS WHO WILL DEMAND IMPROVED PERFORMANCE AND HELP MAXIMIZE STOCKHOLDER VALUE"

"Trian has a track record of adding value in the Boardroom, improving both operating results and share price performance."

"Vote the GOLD card FOR Elliott's qualified Board nominees and proposal calling for annual elections for all Board seats."

"Trian has a track record of adding value in the Boardroom, improving both operating results and share price performance."

"HUNTSMAN NEEDS STRONG INDEPENDENT BOARD MEMBERS WHO WILL DEMAND IMPROVED PERFORMANCE AND HELP MAXIMIZE STOCKHOLDER VALUE"

"New leadership to be laser-focused on executing against plan targets, with a refreshed Board providing strong oversight"

"Simply removing this voting obligation does not suddenly absolve the Board of its mistakes related to this transaction."

"As a first step, we believe there must be Board change at Box, including direct representation for common stockholders."

"NO legacy directors were refreshed between 2018 - 2021; new directors were ALL added by expanding the size of the Board"

"New leadership to be laser-focused on executing against plan targets, with a refreshed Board providing strong oversight"

"Since joining the board in December 2015, Telecom Italia has dramatically underperformed its peers and broader indices."

"We are seeking Board and management change to enhance the long-term performance and competitive position of the company"

"New leadership to be laser-focused on executing against plan targets, with a refreshed Board providing strong oversight"

"We are confident in our ability to identify high-quality board members who are committed to creating shareholder value."

"NO legacy directors were refreshed between 2018 - 2021; new directors were ALL added by expanding the size of the Board"

"Staggered boards are not in the interest of shareholders because they limit accountability and can enable entrenchment."

"These three interrelated directors hold ALL Board leadership positions, including Chairman and chair of all committees."

"New leadership to be laser-focused on executing against plan targets, with a refreshed Board providing strong oversight"

"The Board must provide shareholders additional information regarding the process and value of concessions made to CPKC."

"New leadership to be laser-focused on executing against plan targets, with a refreshed Board providing strong oversight"

"Within 48 hours of Pershing’s presentation, board rejects the Revised Transaction without seeking rating agency review"