Blackwells Capital
board connectivity | Blackwells Capital
Company
Deck Type
Sector
Industry
Deck date
March 2024
Slide
29 of 101
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Trian Partners
Activist
September 2017
despite the benefits of adding nelson to the board the request was rejected on the spot at both meetings held with independent directors without feedback from the meetings being presented to the full board notably did not allow nelson to meet the entire board prior to turning down the request he only met with two independent directors in person and one by phone nelson offered to visit all directors individually or in group sessions whenever it might be convenient for them the board decided to spend an estimated of shareholder money engaging in a proxy contest while out of directors have not even met nelson in person they can take all those fees and save them and put this man on the board who done more homework than anyone else and he give you this homework for free memo to gamble is than all of those advisors and knows the space squawk on the street source sec filings | Trian Partners
Trian Partners
Activist
March 2024
engagement with has offered own proxy statement lists only interactions the vast majority of which were just page in our view the fact that refers to these as meaningful interactions says a lot the board page offered meetings with the first time met with the board in early we were given only minutes during did not think that was a productive meeting it certainly did not seem that the board was interested in our perspective under this agreement would not even have had an obligation to hear our ideas and seemingly to create a record then offered to meet with us after it rejected our candidates frankly we did not believe this would be productive offered an sharing agreement and quarterly restore the a | Trian Partners
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