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Claude Mongeau, the former Canadian National Railway CEO, has resigned as chair of the Norfolk Southern board of directors, ...
Ancora Holdings Group, LLC (together with its affiliates, "Ancora" or "we"), a significant shareholder of Forward Air Corporation (NASDAQ: FWRD) ("Forward Air" or the "Company"), today announced that ...
"With both Glass Lewis and ISS endorsing the removal of the legacy directors, shareholders should drive the necessary change by voting against their reelection at the Annual Meeting. This is the best ...
Activist investor Ancora said an independent proxy adviser is backing its plea to Forward Air shareholders to vote against ...
Glass Lewis on Monday backed Ancora Holdings' campaign to remove three long-serving directors at Forward Air , becoming the second proxy advisory firm to urge investors to withhold votes on the trio's ...
In a letter to shareholders, seen by Reuters, Ancora urged investors to remove the board chairman George Mayes and two other directors at the company's annual meeting scheduled for June 11.
we feel this is the right step to take in order to obtain accountability and deliver a strong mandate to the remaining Board members. In our view, these three targeted directors cannot be trusted ...
Believes These Directors Cannot ... of Entrenchment Warns the Board Against Continuing to Drag its Feet and Attempting to Self-Sabotage the Strategic Review Ancora, which first invested in Forward ...
Activist investor Ancora Holdings is targeting Forward ... The activist argues the three directors were on the board when the company pursued the Omni acquisition in August 2023 and "bears ...
The targeted board members are Chairman George S. Mayes, Jr., Director Javier Polit, and Director Laurie A. Tucker. Ancora, which holds approximately a 4.1% stake in Forward Air, contends that ...
BEVERLY HILLS(Reuters) - Activist investor Ancora Holdings wants to shake up the board at Forward Air, saying three directors need to be removed after the freight forwarding company's stock price ...
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