Callouts & quotes from 193+ activist slides

"Mark Parker, a long-tenured Disney Director, now serves as both Executive Chairman of Nike and as Chairman of Disney, which is nearly unprecedented"

"As Chair, Nelson Peltz proudly (and 100% correctly) deflects credit for Wendy’s digital success to Wendy’s world-class marketing & management team"

"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."

"the limited authority conferred to the LID by BlackRock’s Board, confirms the lack of commitment to an effective counterbalance to the Chair/CEO"

"the limited authority conferred to the LID by BlackRock's Board, confirms the lack of commitment to an effective counterbalance to the Chair/CEO"

"Spruce Point has serious concerns with Mr. Starrett who has served as Chairman of the Board since 2012 and as member of the Board since 2011."

"Why the proposed separation of Chair/CEO at BlackRock represents also a test on the coherence and integrity of the Asset Management Industry"

"Why the proposed separation of Chair/CEO at BlackRock represents also a test on the coherence and integrity of the Asset Management Industry"

"Trian recommends that the Board take the following actions*: Strengthen management by immediately bringing back Chuck Bunch as Chairman/CEO"

"After a 13-month investigation, NTSB Chair Jennifer Homendy testified in front of the U.S. Senate that the vent and burn was not justified."

"BlackRock's meritless and self-referential arguments to oppose the separation of Chair/CEO proposed by Bluebell Capital Partners (Item 6)"

"Combined Chair/CEO roles in the S&P 500 have decreased by 13% over the last 10 years, the most significant decrease across the indices."

"P&G’s Misrepresentation of Quote by Mondelēz Chairman and CEO Irene Rosenfeld in P&G’s Letter to Shareholders, dated September 20, 2017"

"Combined Chair/CEO roles in the S&P 500 have decreased by 13% over the last 10 years, the most significant decrease across the indices."

"Chairman / CEO Jason Jiang personally made at least $24.8 million in seven months by investing in Allyes, which is an IRR of 2,127.2%."

"Rupert Morley, upon his re-election, will replace Anne Farlow as Chairman of the Board as of the Annual General Meeting on May 8, 2024"

"Shareholders should not allow Tessera to once again be run by a controlling Chairman. Shareholders need to have an independent Board."

"We remind investors that all of this occurred under President and CEO Dan Bodner, who remains President and CEO (and Chairman) today."

"Alan Earhart, who was described as having left because he “rocked the boat”, was replaced as Audit Chair in 2009 by Victor K. Lee."

"Chairman Cole has since scrubbed his biography of this role at Redcentric while leaving other former Board roles on his biography."

"We are particularly troubled by the July 3rd resignations of both Mark Rubash (former Audit Committee Chair) and Ralph Snyderman."

"Through an undisclosed related party transaction, we estimate Huishan Chairman Yang Kai stole at least RMB 150 million of assets."

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

"Only an idiot could believe that Chairman Ding and his cohorts intended anything other than theft of assets from shareholders."

"The Lead Independent Director, especially in a dual Chairman and CEO role, should be like 'Caesar's wife' - beyond suspicion."

"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"

"Swiss controlled company, known for secrecy. Limited Swiss external sales, abnormal segment profit. Entrenched CEO/Chairman"

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

"Is Canadian Tire's Chairwoman paying the same amount of attention to Canadian Tire's activities as she did to Hollinger?"

"Assuming that a contract did exist, this number contradicts the 1,892 cited by CCME, Chairman Cheng, and the Luo Report."

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

"However, we question the judgment of Intuit's audit chairman Thomas Szkutak to associate with controversial companies."

"Our interview with Mr. C indicates Mr. Lin is also the cousin (表弟) of the Chairman and head of ANTA’s Yunnan branch."

"Did John Hess vote against the recommendation of his OWN BOARD of which he is Chairman? How will he vote this year?"

"Did John Hess vote against the recommendation of his own board of which he is Chairman? How will he vote this year?"

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

"MacLellan was Chair of the Audit Committee during a period of events the SEC characterized as accounting fraud."

"What does chairman Michael Yu have in common with Mannie Fresh? They both got everything in they momma name."

"Mr. McPherson serves as Vice Chairman of a Board that is majority composed of Lone Star-affiliated employees"

"We note, however, that the chairman of Hadassah is on NNOX’s board and received options with a $2.21 strike."

"Spruce Point questions why Remitly appointed Peggy Smyth to its Board of Directors and as its Audit Chair."

"Huntsman’s stock price has generally underperformed since Peter Huntsman assumed the role of Chairman."

"Oddly enough, the only purchase ever made by Chairman/CEO Weis was in Nov 2017 ahead of the revision."

"It appears not just Broad Ocean, but also its Chairman might be experiencing cash flow difficulties"

"Combined Chairman and CEO positions should be a privilege enjoyed by sustained top performers only"

"GDP grew 2.8% in Q3 and Federal Reserve Chairman Bernanke said the recession is “very likely over”"

"Since 2000, Peter Huntsman has been CEO of the Company, and in 2018, he was also elected Chairman."

"If former Chairman and CEO does not believe in this Board and management, why should shareholders?"

"Redstone Should Step Aside as Chair so That Viacom’s Stock can Get Rid of the Succession Overhang"

"This indicates Fuyu is still under Chairman Yang’s control, despite Huishan having no ownership."

"Savic had a 50/50 JV with (purportedly independent) CPI PG Chairman Edward Hughes' Lexxus a.s."

"Spruce Point questions how truly "independent" is AMR's Compensation Committee Chairman."

"Looking to the right of the chairs are school buses. Notice there’s no machinery at all."

"Enormous $20m Stock Dump By Chairman Craigie Just Three Days Ahead of the Passport Deal"

"Why to vote “FOR” Bluebell Capital Partners proposal to separate Chair/CEO at BlackRock"

"A non-independent board member chairing the Risk Committee is far from best practices"

"A non-independent board member chairing the Risk Committee is far from best practices"

"Wang and Fuhan Farming are almost certainly proxies for Muhejia and Chairman Yang."

"Spruce Point also has a few concerns with Nova's CEO and Non-Executive Chairman."