In a blistering letter, Appaloosa Management’s David Tepper accused Whirlpool (NYSE: WHR) of “destroying hundreds of millions of dollars of shareholder value” through a dilutive recapitalization strategy that he claims prioritizes management’s job security over investor returns. Will Tepper’s push be successful or will shareholders continue to suffer?
Insight that Drives the Boardroom
Stay ahead with data-backed research, governance analysis, and expert commentary for investors, activists, and corporate leaders.
Activism & Governance
Beretta Seeks (and Will Likely Get) a Boardroom Overhaul at Sturm, Ruger & Co.
Beretta Holding S.A. moves for board control at Sturm, Ruger & Co. (RGR), citing underperformance and a board that is only out for themselves.
PENN Entertainment Settles Bitter HG Vora Feud: A Three-Seat Ransom to End Litigation
After a 2025 proxy battle that moved from the ballot box to the federal courtroom, PENN Entertainment has finally blinked. By expanding its board to 11 seats and appointing three HG Vora-backed directors, PENN has traded immediate board influence for a tactical peace. But is this a strategic refresh or a “boardroom receivership” meant to audit the company’s struggling digital pivot? We go behind the 8-K to break down the winners, the losers, and the “ransom” paid to end the most contentious saga in gaming today.
Anson Funds on a Roll with Clear Channel Outdoor Sale and SPS Commerce Deal
In only a few short years Anson Funds has established a track record of successful outcomes. The Clear Channel Outdoor sale and SPS Commerce deals add further proof.
Weekly Boardroom & Executive Moves: November 28, 2025
CEO turmoil at Children’s Place & Six Flags amid massive losses. See key executive and board changes at Dell, Keurig Dr Pepper, and more this week.
Weekly Boardroom & Executive Moves: November 21, 2025
Key leadership changes this week: Citi names Gonzalo Luchetti CFO, Xerox appoints Chuck Butler CFO amid losses, and Irenic gets a board seat at Aktore.
Weekly Boardroom & Executive Moves: November 7, 2025
CarMax CEO William Nash exits after -58% TSR; 1-800-FLOWERS, DENTSPLY, Kenvue, and HighPeak make key leadership changes amid pressure.
Elon Musk vs. Proxy Advisors: Control, Complexity, and the Corporate Governance Clash
Tesla and Elon Musk’s fight with proxy advisors ISS and Glass Lewis has become a flashpoint in the broader battle over who really controls corporate governance. The All-In Podcast crew is the latest to join the chorus of critics.
Weekly Boardroom & Executive Moves: October 24–31, 2025
Organon CEO Kevin Ali exits amid losses; FISERV, NXP, and Murphy USA announce major leadership changes. See this week’s key board and executive moves.
Executive Moves Update – October 24, 2025
Baxter COO Heather Knight exits amid losses; Textron names Lisa Atherton CEO; Citi elevates Jane Fraser to Chair. See this week’s top boardroom moves.
SPAC & IPO Analysis
Daily SPAC Update – March 11, 2026
Yotta Deal with DRIVEiT Financial Terminated. SUMA Acquisition $150M IPO. TLGY + StablecoinX Assets Deal Approved.
Daily SPAC Update – March 10, 2026
Plum IV + Controlled Thermal Resources and Calisa + GoodVision AI Deals. TLGY + Stabecoin X Assets Deal Vote. DMY Squared PIPE Updates.
Daily SPAC Update – March 9, 2026
Drugs Made in America CEO Lynn Stockwell Terminated after Improper Withdrawals. DMY Squared Increases PIPE. Plum IV $4.7B Deal with CTR.
Daily SPAC Update – March 6, 2026
FTW DeSPACs to Presidio Petroleum. Relativity Acquisition + Instinct Deal Vote Set. OneIM Starts Separate Trading Today.
Daily SPAC Update – March 5, 2026
Gundlach’s Bleichroeder II Does Quantum Deal with Pasqal. AParadise Target Enhanced Issues Investor Deck. Goldenstone Sets Extension Vote.
Daily SPAC Update – March 4, 2026
Kensington Capital VI and GalaxyEdge IPOs Get March SPAC Issuance Going. Capitalworks and Valuence Extensions Approved.
Daily SPAC Update – March 3, 2026
Alex Rodriguez’s SLAM Corp gets a new Sponsor and pivots to crypto. Newbridge and Keen Vision move towards deals. Crane Harbor and Uy Scuti votes set.
Daily SPAC Update – March 2, 2026
SPAC market looks strong with $5.5B+ raised across 27 IPO in February. But, can the existing deals get done and existing capital find deals?
Daily SPAC Update – February 27, 2026
ThomasLloyd Climate Solutions. Legato Merger III PIPE Update. EQ Ventures + Presidio Petrolium Deal Vote.
Daily SPAC Update – February 26, 2026
SPAC surge continues as 3 more IPOs bring the total to 26 new SPACs and over $5B in new capital.