Kenvue Enhances Board Dynamics with Starboard CEO Appointment in Proxy Fight Settlement

In a significant development within the corporate governance landscape, Kenvue Inc. has appointed the CEO of Starboard Value, Jeff Smith, to its board of directors as part of a settlement aimed at resolving a contentious proxy fight. This strategic move underscores Kenvue's commitment to fortifying its governance framework, ensuring that the company navigates its future challenges with robust oversight.

Continue reading

Southwest Airlines Prepared for Elliott Management's Proxy Fight

Amid mounting pressures from investors, Southwest Airlines has been strategically reinforcing its management framework to fend off challenges from Elliott Management. This proxy fight, initiated by Elliott Management, has raised eyebrows within the financial community and among industry insiders, as it highlights the intense scrutiny over the airline's leadership amidst a tumultuous recovery from the pandemic.

Continue reading