Callouts & quotes from 1,436+ activist slides

""I'm wondering whether Bristol-Myers will become an acquisition target in the next year." — Unidentified Shareholder, May 2017. "Thank you. So let me answer 2 of your important questions. The first one with respect to your comments about acquisitions. My comment and answer is that our company has very strong performance for our marketed medicines. We have an extraordinary, exciting pipeline that has the potential to develop into really important medicines in the future. And so as a management team, I we are very focused on delivering on the value of our products in our pipeline and that's really our focus and our objective in executing a strategy and delivering long-term value to shareholders." — Giovanni Caforio, Chairman & CEO, May 2017."

""I think one of the things that's really encouraging to us as we continue to get closer to these partners of ours is just learning about their prescribing patterns. I think what we're learning is most of these folks expect this to be a repeat monitoring sort of opportunity into the future where whether they're retesting every single year, their patient population to try to stay ahead of the asymptomatic population that is just completely unaware and avoid those catastrophic downstream events or they're signing up new patients who are coming in all the time. There's going to be a continuous repeat sort of prescribing pattern with these innovative channel partners that excites us." — iRhythm CEO Blackford on Q2 2025 Earnings Call, 7/31/25"

"“I’ve been told that roughly one Lasertec tool is required for five ASML EUV’s. Intel started to buy EUV tools from 2019, and until now, Intel has 22 EUV tools. Intel had 12 tools until 2019, 14 until 2020, 17 until 2021, and 22 EUV tools by last year. There’s roughly one tool for five EUV tools—one Lasertec tool for five EUV tools.” — Longtime Samsung executive in leadership role in EUV; worked closely with Lasertec; decision-maker for inspection tools. “It’s about 1:4 or 1:5. That’s a reasonable ratio”. — Longtime executive at Global Foundries; directly involved with Lasertec and all aspects of mask inspection. “I think that’s pretty accurate.”—Longtime, senior semicap equipment executive in Japan who is friendly with Lasertec’s CEO"

"“Because remote cardiac monitoring technology, including the Zio System, is rapidly evolving, there is a continuing risk that relative value units assigned, and reimbursement rates set, by CMS may not adequately reflect the value and expense of this technology and associated monitoring services, and CMS may reduce these rates in the future, which would adversely affect the Company's financial results.” — iRhythm 2024 10-K. “[the] MCT category is going to be slightly flat over time. I think that there continues to be a nice healthy market there, but we know that price has been under a bit of pressure from CMS for the last 2 years. I suspect that will continue to be the case...” — iRhythm CEO Blackford on Q1 2025 Earnings Call, 5/1/25"

"They're not using the treadmill right now because it's a clothes hanger and it's dusty. Nobody likes running on a treadmill at home because it's boring... We can bring our insanely motivating fantastic instructors into your home, onto your 60-inch television screen... And with that subscription, they get yoga included. They get out to running included. They get cycling. They can go to their gym... We believe it's five years from now, two years from now, when your treadmill breaks, you're going to go to a Peloton store near you and you're going to see one of our two treadmills and you say honey, I don't want the dopey old treadmill from the dopey old fitness equipment company of yesteryear. I want it Peloton tread. — John Foley (CEO)"

"“Quinn, this is Michael. Although the company's strategy is that we don't really care in which market segment how we time it and how we time it in related to growing our MPS revenues, so these -- we actually -- in opposite, we don't want to -- we want to get associated with -- are we tied to Xbox, we tied to whatever the game console have, like game platforms, and the Intel, when they're going to release the -- into production of whatever the processor is. These are just our opportunity and that we only want to ensure our gross margin and a steady growth. And our customers phasing whatever the -- whichever the product is, we don't count that. And it's all within a plus/minus 6, 7 months, as I said earlier.” — CEO Hsing (Q1 2017)"

"“We are downgrading our rating on Alcoa to Neutral from Overweight as we believe the market will be disappointed with both the strategic direction from the new CEO, [Dr.] Klaus Kleinfeld, and the company’s near term earnings due to higher than expected input costs.” — J.P. Morgan, 6/10/08; “Throughout his speech, [Dr.] Kleinfeld kept emphasizing that Alcoa’s integrated structure is a key strength, not just for Alcoa but for the industry as a whole.” — Platts Metals Week Article, 9/15/08; “The Alcoa advantage raises the question that I have heard from many of you and I think that we more and more often have good answers to it raises the question of what gives you Alcoa the right to own that business?” — Dr. Kleinfeld, 11/10/2010"

""I think the biggest issue Dropbox faces as far as its growth story is concerned is the saturation. If you think about the amount of “knowledge workers” that are out there globally, and these are people who would want to register for Dropbox, it’s probably 500 – 600 million. But of this amount, maybe 50% would even consider purchasing something from Dropbox. Thus, Dropbox is pretty close to, if not already, close to the saturation point in terms of registered users growth." — Former Dropbox Leader (paraphrased); "We see ourselves as already having reached or registered a meaningful portion of the knowledge workers or our target audience, or knowledge workers on the planet, really." — CEO Drew Houston, Q1 2018 Conference Call"

"“Our technology is complex, and we struggled to find a government consultant who could understand it well enough to be effective without us having to do all the work. Clark Street’s approach—combining deep technical, business, and government expertise in multidisciplinary teams—allowed them to get up to speed fast and bring real strategic insight without us needing to be in every meeting. They were able to craft and communicate a compelling strategy on our behalf, positioning us for substantial funding that has been transformative. Clark Street’s ability to understand and advocate for our technology independently, without our constant oversight, is exactly what we were looking for in a partner.” — Peter Chapman, CEO of IonQ"

""Our guidance reflects the Company's current view of the business," said Jay Rembolt, WD-40 Company's vice president and chief financial officer. "The revenue softness we experienced in the first quarter was primarily driven by the timing of customer orders and we expect that sales activity will shift into later quarters. We remain comfortable with our current guidance range and are reiterating it today." — Jay Rembolt; "Though these results may look disappointing, they no way reflect a trend. In fact, we see lots of opportunities for growth as we continue to maximize the product line through geographic expansion, increased market penetration and premiumization of the blue and yellow can with a little red top". — CEO Ridge"

""It is our intention within the 24-month period to be able to take this combined business, this pigments business, which will be in excess of $3.5 billion in sales..." — Peter Huntsman, President & CEO, September 2013; "It is our intention within the 24-month period to be able to take this combined business, this pigments business... and have a normalized EBITDA in excess of $0.5 billion" — Peter Huntsman, President & CEO, September 2013; "We continue to remain focused as a Company and our Board of Directors on deleveraging. I think that when you look at our targets going out 2015 and 2016...our leverage ratios go to our long-time stated objective of 2.0 times our EBITDA." — Peter Huntsman, President & CEO, September 2013"

""The FTC settlement is an acknowledgment that our business model is sound" — HLF CEO Michael Johnson. "[T]he crux of the FTC settlement is the injunctive relief, which requires sweeping changes to the core of Defendants’ business... Section I.A requires the fundamental restructuring of Herbalife’s business opportunity from one that is based on wholesale purchases of product to one that is based on retail sales of product." — FTC v. Herbalife International of America, Inc., et al. "The FTC settlement announced today, coming after a two-year investigation also concluded that Herbalife is not a pyramid scheme" — Carl Icahn. "I do not endorse that statement [referencing Icahn’s statement]." — FTC Chairwoman Edith Ramirez."

"The acquisitions that you've done since the beginning of the strategic cycle, are they similar margins? Or are they margin accretive to your mix? — Canaccord Analyst Q2 2023. Similar margin profile. But the cost synergies and something I perhaps should have mentioned in our -- in my remark, but the cost synergies that we are able to generate is going very, very well as well. So I think we are seeing, in all fairness, a bit more cost synergies than we were anticipating during due diligence, number one. And then the performance of the companies that we've acquired, is also up to par, if not a bit better than what we were anticipating in the first place, actually very consistent with our legacy business — CEO L'Heureux."

""There is no disclosure in the TICO announcement of the financial projections, discount rates, or tax assumptions [...]." — ACGA, July 2025; "There's huge hidden asset value in the land and other holdings at Toyota Industries." — CEO of Board Training Institute of Japan (Nick Benes), June 2025; "Dialogue between top management and investors / shareholders drives the corporate value enhancement process, and we hope that this dialogue will be held at least once a quarter." — Dalton Investments letter to TICO, May 2024; "[TICO's] historically depressed market valuation was a direct consequence of its governance and ownership structure and, therefore, should not be used as a transaction valuation anchor." — GMO, May 2025"

"“We are very focused on bending our cost down again in 2024.” — CFO Tammy Romo (April 2023); “We've got a lot of opportunity to now go work on bringing out inefficiencies...” — CEO Bob Jordan (June 2023); “As we look ahead to next year, we are absolutely committed to driving our unit cost down.” — CFO Tammy Romo (July 2023); “Our [FY'24] CASMx guidance of a 6% to 7% increase year-over-year is also essentially driven by labor and maintenance cost pressures...” — CFO Tammy Romo (Jan. 2024); “[We expect] our full year CASM-X to increase in the range of 7% to 8% year-over-year, elevated from our previous full year CASM-X guidance due to lower capacity plans in the second half of the year.” — CFO Tammy Romo (April 2024)"

"So we feel good about the portfolio overall. Semiconductor, we knew when we acquired Matrox, was heavily customer base was in the semiconductor area. We had hoped we'd we have a bit longer before the semiconductor market declined to diversify that business. But we've worked hard to diversify outside of consumer conductor and that's what we're continuing to do today, and we see opportunities in electric vehicle manufacturing. There's a lot of inspection around things like battery and others, pharmaceutical, food and beverage, a lot of spending still happening to upgrade production lines, they're kind of longer-term projects, and not held back as much as other areas today across our customer environment. — CEO Burns"

"“We are very focused on bending our cost down again in 2024.” — CFO Tammy Romo (April 2023); “We've got a lot of opportunity to now go work on bringing out inefficiencies...” — CEO Bob Jordan (June 2023); “As we look ahead to next year, we are absolutely committed to driving our unit cost down.” — CFO Tammy Romo (July 2023); “Our [FY'24] CASMx guidance of a 6% to 7% increase year-over-year is also essentially driven by labor and maintenance cost pressures...” — CFO Tammy Romo (Jan 2024); “[We expect] our full year CASM-X to increase in the range of 7% to 8% year-over-year, elevated from our previous full year CASM-X guidance due to lower capacity plans in the second half of the year.” — CFO Tammy Romo (April 2024)"

"“We are very focused on bending our cost down again in 2024.” — CFO Tammy Romo (April 2023); “We've got a lot of opportunity to now go work on bringing out inefficiencies...” — CEO Bob Jordan (June 2023); “As we look ahead to next year, we are absolutely committed to driving our unit cost down.” — CFO Tammy Romo (July 2023); “Our [FY'24] CASMx guidance of a 6% to 7% increase year-over-year is also essentially driven by labor and maintenance cost pressures...” — CFO Tammy Romo (Jan 2024); “[We expect] our full year CASM-X to increase in the range of 7% to 8% year-over-year, elevated from our previous full year CASM-X guidance due to lower capacity plans in the second half of the year.” — CFO Tammy Romo (April 2024)"

"We continue to remain focused as a Company and our Board of Directors on deleveraging. I think that when you look at our targets going out 2015 and 2016, our leverage ratios during that time period, particularly when you take into account an IPO during that time period, that our leverage ratios go to our long-time stated objective of 2.0 times our EBITDA. It is our intention within the 24-month period to be able to take this combined business, this pigments business, which will be in excess of $3.5 billion in sales and have a normalized EBITDA in excess of $0.5 billion, take this Company public and use that as an opportunity to create further shareholder value. — Peter Huntsman, President & CEO, September 2013"

"In July, the DOJ filed a petition for order to show cause, an application for enforcement of administrative subpoena, seeking the production of certain documents that the company has withheld on the basis of legal privilege. The company disagrees with the DOJ's attempt to invade the attorney-client privilege and the protection afforded to attorney work product. In partnership with our top tier outside counsel, we determined that it is in the best interest of the company to continue to maintain our position that certain documents are privileged, not only as it pertains to this case, but for the precedent it sets in other outstanding and future matters. — iRhythm CEO Blackford on Q3 2024 Earnings Call, 10/30/24"

"“We have a huge engineering talent in India. And if we were bringing all of that talent to the U.S., instead of spending 17% of our revenues in engineering, we’ll be spending 42%. So, you realize it's significant engineering muscle, as I call it, that we have built.” — Philippe Courtot, Former CEO of Qualys, May 2020 Cowen Technology & Media Conference; “We're going to transition their engineering teams... we're going to put those engineers in our international locations where our average cost of engineer is less than $50,000 a year... Most of our engineering talent is located in Eastern Europe, where we can get great talent.” — Kevin Thompson, Former CEO of SolarWinds, December 2019 Solar Winds Analyst Day"

""We will get our financial house in order. I have seen other CROs and there's nothing in pricing or operations-wise, that's unusual or concerning here. This is a disciplined operations organization that can deliver programs with quality... In general, what our goal is here 2024 is a year that we would like to return to the kind of performance you saw in 2022 by the time we exit the year. And then on top of that, as we exit the TSAs, we'd like to start moving toward those industry benchmarks of our competitors. I think we publicly said there are a couple of competitors who have a business mix, it's a little bit more like ours, and we would go ahead and target those over time." — Tom Pike, President and CEO"

""We will get our financial house in order. I have seen other CROs and there's nothing in pricing or operations-wise, that's unusual or concerning here. This is a disciplined operations organization that can deliver programs with quality... In general, what our goal is here 2024 is a year that we would like to return to the kind of performance you saw in 2022 by the time we exit the year. And then on top of that, as we exit the TSAs, we'd like to start moving toward those industry benchmarks of our competitors. I think we publicly said there are a couple of competitors who have a business mix, it's a little bit more like ours, and we would go ahead and target those over time." — Tom Pike, President and CEO"

""The length of our sales cycle, from initial evaluation to payment for our subscriptions is generally six to nine months but can vary substantially from customer to customer and can extend over a number of years for some customers." — C3 10-Q, December 2021. "And the cycle of sale here have been continually decreasing, okay, over the last 5 years, right, from like 17 months down to -- I think last quarter, it was something like average sales cycle, 4.5 months, and it's decreased every month." — CEO Siebel, DB Bank Tech Conference, Sept 2021. "So the next is 18 months of pain. It's a very, very long sales cycle because it is a strategic decision." — Former VP, Financial Services, Tegus Interview, Oct 2020."

"“I think more people are seeing people walk around with Herbalife on their chest, and approaching them. And people are now asking us, and that is what I talked about the paradigm shift, what is Herbalife? And that is a new paradigm for our distributors, where someone walks up to them and says, you know, what is Herbalife? Who are you? We have become in a way a cool company like almost over night, which is very gratifying and confidence-building for our distributors. When they see that name Herbalife everywhere all the time, they get excited about that, and they get less – what should I say – less cautious about saying who we are, what we are.” — Michael Johnson, Herbalife CEO, Q2’07 Earnings Call (8-7-07)"

"I'm sorry. The breakdown within EUV-related systems is not disclosed. — Lasertec CEO (Aug 5, 2022, Jefferies analyst Q&A); I hope you understand that we do not disclose information by product type, such as the destination of each product. — Lasertec CEO (Jan 31, 2023, CLSA analyst Q&A); In that sense, although we do not disclose the ratio between ACTIS and MATRICS, I think investment overall will...recover... — Lasertec CEO (Jan 31, 2024, CLSA analyst Q&A); Yes, unfortunately we do not disclose the ratio between High-NA and conventional ACTIS, but we have continued to receive orders for High-NA ACTIS this fiscal year, and we expect more orders to come in... — Lasertec CEO (Apr 30, 2024, CLSA analyst Q&A)"

"We will get our financial house in order. I have seen other CROs and there's nothing in pricing or operations-wise, that's unusual or concerning here. This is a disciplined operations organization that can deliver programs with quality... In general, what our goal is here 2024 is a year that we would like to return to the kind of performance you saw in 2022 by the time we exit the year. And then on top of that, as we exit the TSAs, we'd like to start moving toward those industry benchmarks of our competitors. I think we publicly said there are a couple of competitors who have a business mix, it's a little bit more like ours, and we would go ahead and target those over time. — Tom Pike, President and CEO"

"We will get our financial house in order. I have seen other CROs and there's nothing in pricing or operations-wise, that's unusual or concerning here. This is a disciplined operations organization that can deliver programs with quality... In general, what our goal is here 2024 is a year that we would like to return to the kind of performance you saw in 2022 by the time we exit the year. And then on top of that, as we exit the TSAs, we'd like to start moving toward those industry benchmarks of our competitors. I think we publicly said there are a couple of competitors who have a business mix, it's a little bit more like ours, and we would go ahead and target those over time. — Tom Pike, President and CEO"

"“Look, in a business that's grown as rapidly as we have and with customers that are growing their own infrastructure to support kind of these growth rates. We're all working hard to get the bills and then get the cash in and so we can always do better.” — CEO Nielsen Q4'23: March 1, 2023; “We're working hard to make it lower. We realize how much capital is tied up with every day of DSO. When we're working on these large fiber programs, they're administratively complex. We're working hard, both ourselves and with our customers to simplify the administrative effort behind them. And I think as we get better at that, we have some real opportunities to bring the DSO in.” — CEO Nielsen Q4'24: Feb 28, 2024"

""To this day, I don’t believe in sequels. I can’t follow popular cycles. I have to move on to new things—there are many new worlds to conquer." — Walt Disney, 1966 Letter to Shareholders; "I’d say we’re leaning a little bit more into sequels and franchises, some that we feel great about like Toy Story as a for instance, obviously Star Wars, Avatar we’ve talked about. Marvel is starting to focus on some of its stronger franchises going forward. But I’ll leave it at that. And I think given the environment and given what it takes to get people out of their homes to see a film, doing that, leaning on franchises that are familiar is actually a smart thing." — Robert A. Iger, CEO & Director, February 2024"

""Harvey Golub is everything that you would want in a director. And one of the things that I appreciate most about him is that he has always respected the space between the Non-Executive Chairman and the CEO roles. He challenged me. He held me accountable. But he did not try to do my job for me... ... And he has challenged us to sharpen our strategy, and better execute that strategy by holding us to high performance standards. He often tells us, 'This is what you said you would do. Are you delivering and, if not, why not?'" — Douglas Conant, former CEO of Campbell Soup Co; "Harvey Golub has done an absolutely sensational job, and we're probably $4 billion better because of it." — Warren Buffett"

"We targeted, although we don't have a specific date in mind but overall annualized basis we ought to be able to get [SCC] up over 15%. As you capture the new products Verifi will be a piece of that. We get good margins out of Verifi...But all in, businesses ought to be north of 15% EBIT margin business. — Greg Poling, President & CEO, August 2016; These are all high-margin specialty applications...You can see the margins for construction are best in class here running from 23%, to just under 26%. We maintain these margins because of the specialty nature of the product, the distribution network, and the fact that they specified for high-end applications. — Greg Poling, President & CEO, May 2016"

"Currently, the Company has a combined Chairman and CEO leadership structure, a classified board, and over-tenured directors. A plethora of these problematic governance practices appear to be a driving force in the Company's underperformance. — Egan-Jones, May 1, 2025; These issues stack on what we consider to be fairly disconcerting corporate governance considerations, including a dubious commitment to good faith engagement, a questionable and counterproductive realignment of key oversight roles and a late-stage candidate pivot which seems to call into question the board's prior candor. These issues should, in our view, be of significant concern to P66 investors. — Glass Lewis, May 10, 2025"

"“I think -- well, it's inevitable that for every CEO, the success is measured through -- with total shareholder return... And the purpose of the pharma company is to bring breakthrough products that change patients' lives. So the operational measurement of success will be our ability to have a constant flow of breakthrough innovation... So a way to measure it, for us, it is we have put out there a list of 15 potential blockbusters that could come by the year -- in 5 years, so it is by 2022 when we put it out in '18. And I think my focus would be to make sure that we deliver more than our fair risk adjustment of this number, and that will be success.” — Albert Bourla, Pfizer Chair and CEO"

"“I think -- well, it's inevitable that for every CEO, the success is measured through -- with total shareholder return... And the purpose of the pharma company is to bring breakthrough products that change patients' lives. So the operational measurement of success will be our ability to have a constant flow of breakthrough innovation... So a way to measure it, for us, it is we have put out there a list of 15 potential blockbusters that could come by the year -- in 5 years, so it is by 2022 when we put it out in '18. And I think my focus would be to make sure that we deliver more than our fair risk adjustment of this number, and that will be success.” — Albert Bourla, Pfizer Chair and CEO"

"“You're right. We had recaptured all the share within two quarters of some of the share gain as we were going disciplined to the last price increases back in early -- finished in early '19. We did recapture that. We may have lost a little bit.” — AVY CEO On LGM Market Share, Citi Conf, Sept 14, 2020; “So overall, if you look at just the impact of mix and deflation in price that's already baked in, that's definitely been a benefit, but a lot of it's cycling off where we were a year ago, and you got to count in the restructuring as well. So not answering your question directly, we don't have pass-through contracts and so forth. This is a competitive industry.” — AVY CEO, Q1'2020 Conf Call"

""We have transformed before, adding things like WiFi, larger bins and in-seat power, and we will continue to adapt as needed." — CEO Bob Jordan, April 2024; "...We’re not convinced [these] drive share shift when Southwest fails to offer a pricing advantage vs. a nonstop competitor." — J.P. Morgan, April 2023; "In-seat power, larger overhead bins and Wi-Fi are table stakes..." — Cowen, April 2024; "...Management reduced [their guidance] to $1.0 to $1.5B (vs $1.5B) of pre-tax profit improvements from network optimization and other initiatives. However, on our revised outlook, we’re now modeling $0 benefit in 2024... Network optimization so far has been inadequate..." — Seaport, April 2024"

""Kate [Lumen CEO Kate Johnson] has painted this picture of the demand for the fiber as solely tied to AI...that's not the whole picture, these companies have been buying fiber IRUs since I first got into Level 3 [many] years ago...it's the best marketing effort I've seen in a long time from them...Why would you ever talk about taking down 10% capacity from Corning?...They're trying to paint the picture of 'AI, AI, AI' and 'we're the best company positioned now for infrastructure'...believe me, that's a fantastic f-cking story what they're doing right now, but that is not going to solve the overall business balance sheet the way they need to." — Former senior executive, Lumen and Level 3"

"“I’m actually working with Ginkgo because all the research is still done at Ginkgo; Allonnia resides within Ginkgo. Saying that officially or on paper, I guess...Allonnia is a small company. Right now, there are six full-time employees...I think two of them were hired—the CEO was hired in October of 2020. So, officially, it's less than a year-old company.” — Current Allonnia employee; “In some cases, yes, but that is between Allonnia and Ginkgo. I think that may be confidential. I don’t want to speak on that, but yes, they do provide G&A to some extent...My understanding is that in the beginning, they do help with the financial and the hiring and everything.” — Current Allonnia employee"

""We expect China to eventually be $100 million revenue, so we will gain the leverage there." — CEO Ridge, Q1 2016; "Today, the China market is our third largest market for WD-40 in the world." — CEO Ridge, 2018 Shareholder Meeting; "We made an investment in China 14 years ago to open our own subsidiary there. China is now the second largest market in the world for our blue and yellow can with the little red top. We anticipate we'll continue to see double-digit growth in China going forward." — CEO Ridge, Q4 2019; "In China, net sales in U.S. dollars decreased to $2.3 million in the first quarter, down 23% compared to last year due to the timing of customer orders." — CEO Ridge, Q1 2020"

"CFO Allais: "And while we're not providing 2022 guidance here, we currently expect OpenSlate to contribute between $15 million and $18 million of revenue in 2022." — OpenSlate Nov 2021; Barclays Analyst: "And then like M&A for you is more tuck-in, it's not like -- there's nothing transformational you can do there?" — Barclays Conf. Dec 2022; CEO Zagorski: "I just don't think we need to do transformational right now. We've got so much core growth to do right now. It sounds like how do we make it go faster." — Barclays Conf. Dec 2022; CFO Allais: "And I think that accelerates organic growth and just kind of continues our opportunity for what we are looking for." — Barclays Conf. Dec 2022"

""We believe board independence is essential to good corporate governance. In addition to having a board's majority made up of independent members, we generally prefer an independent board chair" — Capital Group. "Northern Trust generally leaves the choice of chairman to the board's discretion... However, Northern Trust will vote case by case on whether to support shareholder resolutions seeking the separation of chairman and CEO" — Northern Trust. "MFS believes boards should include some form of independent leadership responsible for amplifying the views of independent directors and setting meeting agendas, and this is often best positioned as an independent chair of the board" — MFS."

"[I]t is unusual for an executive chairman to be compensated at a significantly higher level than the company's CEO and the proxy does not provide a compelling reason for this arrangement... The proxy does not adequately explain why investors should bear the costs for him to remain the most highly compensated NEO even when his apparent role and responsibilities within the company are reduced. — Institutional Shareholder Services – 2021 Disney Report; [W]hile we acknowledge the need to retain critical leadership in anticipation of such a significant merger, the magnitude of the special equity grant ($100 million) is excessive. — Institutional Shareholder Services – 2018 Disney Report"

"We have transformed before, adding things like WiFi, larger bins and in-seat power, and we will continue to adapt as needed. — CEO Bob Jordan, April 2024; ... We’re not convinced [these] drive share shift when Southwest fails to offer a pricing advantage vs. a nonstop competitor. — J.P. Morgan, April 2023; In-seat power, larger overhead bins and Wi-Fi are table stakes... — Cowen, April 2024; ...Management reduced [their guidance] to $1.0 to $1.5B (vs $1.5B) of pre-tax profit improvements from network optimization and other initiatives. However, on our revised outlook, we’re now modeling $0 benefit in 2024... Network optimization so far has been inadequate... — Seaport, April 2024"

"We have transformed before, adding things like WiFi, larger bins and in-seat power, and we will continue to adapt as needed. — CEO Bob Jordan, April 2024; ...We’re not convinced [these] drive share shift when Southwest fails to offer a pricing advantage vs. a nonstop competitor. — J.P. Morgan, April 2023; In-seat power, larger overhead bins and Wi-Fi are table stakes... — Cowen, April 2024; ...Management reduced [their guidance] to $1.0 to $1.5B (vs $1.5B) of pre-tax profit improvements from network optimization and other initiatives. However, on our revised outlook, we're now modeling $0 benefit in 2024... Network optimization so far has been inadequate... — Seaport, April 2024"

"I think the market is very different than the way folks have thought about this market. I think it's very different than the way our competitors even think about the market, to be honest with you...The market is not 6.5 million ACM tests being performed each and every year. The market is further up the care pathway. It has to happen in primary care. You have to do this through population health programs, value-based care. That's right where we're going...And that's why I think the market is 27 million-plus patients by the time we get it opened up. So we're incredibly bullish about that and feel good about the momentum. — iRhythm CEO Blackford at Goldman Sachs Conference, 6/10/25"

"We have transformed before, adding things like WiFi, larger bins and in-seat power, and we will continue to adapt as needed. — CEO Bob Jordan, April 2024; ...We’re not convinced [these] drive share shift when Southwest fails to offer a pricing advantage vs. a nonstop competitor. — J.P. Morgan, April 2023; In-seat power, larger overhead bins and Wi-Fi are table stakes... — Cowen, April 2024; ...Management reduced [their guidance] to $1.0 to $1.5B (vs $1.5B) of pre-tax profit improvements from network optimization and other initiatives. However, on our revised outlook, we're now modeling $0 benefit in 2024... Network optimization so far has been inadequate... — Seaport, April 2024"

""And so while I do believe smart implants and wearables is a big part of the future, which is why we did the Orthosensor acquisition, and we'll continue to pursue this. I think it's going to take time for this to really demonstrate the value because what data are you collecting? ...And there are a lot of question marks today. I think the data is going to be useful, but we have to be able to turn that data into something that actually validates the need for it. And we're not at that stage yet. So I think this will be something that will grow over time, but it's not something that's going to transform the market in a very, very fast period of time." — CEO Lobo, MS Conf, Sept 2021"

"We have transformed before, adding things like WiFi, larger bins and in-seat power, and we will continue to adapt as needed. — CEO Bob Jordan, April 2024; We’re not convinced [these] drive share shift when Southwest fails to offer a pricing advantage vs. a nonstop competitor. — J.P. Morgan, April 2023; In-seat power, larger overhead bins and Wi-Fi are table stakes... — Cowen, April 2024; ...Management reduced [their guidance] to $1.0 to $1.5B (vs $1.5B) of pre-tax profit improvements from network optimization and other initiatives. However, on our revised outlook, we’re now modeling $0 benefit in 2024... Network optimization so far has been inadequate... — Seaport, April 2024"

"“The rate limiter on [a new strategy] is the CEO. I don't have a lot of confidence he is the right person at this stage... The Street would be widely supportive of a change.” — Southwest Shareholder; “I have zero confidence this team can get this right... I rarely call for wholesale change at a company, but that is what is needed here.” — Southwest Shareholder; “The CEO is a headwind to a turnaround. Firing him is the tailwind.” — Southwest Shareholder; “I would rate them as the worst performing management team in airlines. This was a company that has destroyed more value based on their own inaction than anyone else in the industry. They need to go.” — Southwest Shareholder"

"There are two commonly accepted structures for independent leadership to balance the CEO role in the boardroom: 1) an independent Chair; or 2) a Lead Independent Director when the roles of Chair and CEO are combined, or when the Chair is otherwise not independent. ... In the event that the board chooses to have a combined Chair/CEO or a non-independent Chair, we support the designation of a Lead Independent Director, with the ability to 1) provide formal input into board meeting agendas; 2) call meetings of the independent directors; and 3) preside at meetings of independent directors. These roles and responsibilities should be disclosed and easily accessible. — BlackRock"

""So RFID is a -- today is low single-digit percent of the overall portfolio in terms of revenue. But we're excited about the combination -- actually with the combination of RFID and locationing solutions. As a combined business, we think, it can grow in the mid-teens here for the near future." — CFO Winters, JPMorgan Conf. May 23, 2022. "We're the global leader in enterprise mobile computing. We're the global leader in industrial printing. We're the global leader in data capture or scanning. We're the global leader in RFID reading. And that matters to our customers because they want to do business with the leader in the industry." — CEO Burns, Innovation Day May 14, 2024."

""The timing just worked very well for us right now. K2M has really developed stronger and stronger performance with their new product launches. So the timing just came together right now.... And so I'm very optimistic about the 2 organizations merging very well and performing very well." — Stryker CEO Lobo, Q3 2018 Conf Call. "We expect mid-single-digit performance on a pro forma basis. And then obviously, in 2020, that'll then roll into organic. So we're really excited with the speed of that integration and being able to post these numbers with a Spine business that's been essentially flat for the past 5 years is pretty remarkable." — Stryker CEO Lobo, Q4 2018 Conf Call."

""Pretty amazing data, if we say so ourselves" — QuantumScape CEO on Mad Money. "A blockbuster assertion by QuantumScape, not verified by outside scientists, that it was on a short path to a solid state EV battery using pure metallic lithium, a prized material that has been the subject of a decades-long global technology race." — Marker. "Singh says the battery resolved all of the core challenges that have plagued solid-state batteries in the past, such as incredibly short lifetimes and slow charging rate." — Wired. "As far as he's concerned, the company has solved the hard basic-science problems that have stymied the commercialization of a solid-state battery." — Wired."

""Slide 6 walk you through a little more about what Peter outlined, that it is our intention within two years of close to list the combined Pigments businesses and do an IPO." — Kimo Esplin, CFO, September 2013; "And I might just add -- and the fourth [quarter] this next year, we will be deconsolidating our TiO2 business and our pigments business." — Peter Huntsman, President & CEO, June 2015; "It is our assumption at this point that our Company will keep a minority economic [interest]...Obviously, we will be spinning off greater than 51% to allow it to be -- as far as the voting control, to allow it to be a tax free spin." — Peter Huntsman, President & CEO, August 2016"

""And so first of all, on the subscription model, these contracts are relatively short-term. They're not pure evergreen, but they're generally 1 to 2 years. So they roll over pretty frequently, and that's actually helpful to us in terms of some of the accounting issues." — CEO on Itiviti. "Over 90% of the group's revenue is derived from software subscriptions (recurring revenue base). These typically auto-renew, but often do not exceed 12 months (except for the connectivity segment), exposing the group to the risk of nonrenewal on an annual basis, while notice periods can be as short as one month in the network segment." — Moody's Credit Analyst Opinion, April 9, 2021."

"The rate limiter on [a new strategy] is the CEO. I don't have a lot of confidence he is the right person at this stage... The Street would be widely supportive of a change. — Southwest Shareholder; The CEO is a headwind to a turnaround. Firing him is the tailwind. — Southwest Shareholder; I have zero confidence this team can get this right... I rarely call for wholesale change at a company, but that is what is needed here. — Southwest Shareholder; I would rate them as the worst performing management team in airlines. This was a company that has destroyed more value based on their own inaction than anyone else in the industry. They need to go. — Southwest Shareholder"

"The rate limiter on [a new strategy] is the CEO. I don't have a lot of confidence he is the right person at this stage... The Street would be widely supportive of a change. — Southwest Shareholder; The CEO is a headwind to a turnaround. Firing him is the tailwind. — Southwest Shareholder; I have zero confidence this team can get this right... I rarely call for wholesale change at a company, but that is what is needed here. — Southwest Shareholder; I would rate them as the worst performing management team in airlines. This was a company that has destroyed more value based on their own inaction than anyone else in the industry. They need to go. — Southwest Shareholder"

""The board should exercise objective judgement on corporate affairs and be able to make decisions independently of management. The roles of chairperson and CEO should not be held by the same individual." — Norges Bank Investment Manager. "We generally support proposals requesting the separation of the CEO and chair roles. We believe that the board should be chaired by an independent director and that CEO and chair roles should only be combined in very limited circumstances." — CalPERS. "The board should be chaired by an independent director. The chair is responsible for leadership of the board and ensuring its effectiveness on behalf of the shareholders." — CalSTRS."

"The rate limiter on [a new strategy] is the CEO. I don't have a lot of confidence he is the right person at this stage... The Street would be widely supportive of a change. — Southwest Shareholder; The CEO is a headwind to a turnaround. Firing him is the tailwind. — Southwest Shareholder; I have zero confidence this team can get this right... I rarely call for wholesale change at a company, but that is what is needed here. — Southwest Shareholder; I would rate them as the worst performing management team in airlines. This was a company that has destroyed more value based on their own inaction than anyone else in the industry. They need to go. — Southwest Shareholder"