Mill Road Capital Pushes for Change at Landsea Homes – Nominates Three Directors

by BA Research | Mar 5, 2025 | Activism, Governance

Landsea Homes Corporation (NASDAQ: LSEA), a DeSPAC from 2021, is facing pressure from activist investor Mill Road Capital, which announced its intent to nominate three directors to Landsea’s board at the upcoming Annual Meeting. Mill Road, which owns 6.5% of Landsea’s...

Daily SPAC Update – March 5, 2025

by BA Research | Mar 5, 2025 | SPACs

Focus Impact (BHAC) Deal Approved; Expects to Close in March. Relativity Acquisition (RACY) Tries Again with Instinct Brothers. Boardroom Alpha SPAC Resources – Full SPAC Listing – SPAC SEC Filings – Boardroom Alpha IPO & SPAC Intelligence...

Starbucks Appoints New CFO as Niccol Puts His Stamp on Management

by BA Research | Mar 4, 2025 | CEO / CFO / Director Resignations & Appointments, Governance

On March 4, 2025, Starbucks Corporation (NASDAQ: SBUX) announced the appointment of Cathy R. Smith as its new Chief Financial Officer (CFO).  Smith, a seasoned financial executive, joins from Nordstrom, where she served as CFO and Treasurer since 2023. The timing of...

Elliott Management Takes Aim at Phillips 66 Board with Director Nominations and Governance Proposal

by BA Research | Mar 4, 2025 | Activism, Governance

Elliott Investment Management has fired another shot in its campaign to overhaul Phillips 66 (NYSE: PSX), nominating seven independent director candidates to the company’s board as it filed its preliminary proxy. The activist investor, which now holds a more than $2.5...

Activists Take Aim at Portillo’s and Quanterix in New Proxy Battles

by BA Research | Mar 4, 2025 | Activism, Governance

Activists are keeping up the pressure in 2025 with two fresh proxy fights emerging as shareholders push for changes at Portillo’s Inc. (NASDAQ: PTLO) and Quanterix Corp. (NASDAQ: QTRX). Engaged Capital and Kent Lake PR LLC are each advocating for board refreshment,...