FedEx (FDX) appoints new directors in conjunction with D.E. Shaw, and cbdMD (YBCD) CEO, accused of fraud, resigns.
Insight that Drives the Boardroom
Stay ahead with data-backed research, governance analysis, and expert commentary for investors, activists, and corporate leaders.
Activism & Governance
Can Redfin Find Its Way to Profitability?
Redfin CEO Glenn Kelman says the real estate brokerage will post an operating profit this year. Headcount reductions are a good start, but there’s still plenty of work to do to stabilize troubling iBuying trends.
Governance Alert: FedEx
FedEx (FDX) is making some shareholder-friendly moves, including an over 50% dividend hike, adding two independent directors, and a TSR-based executive compensation metric. We applaud the changes, but now the real work begins. Can a new CEO and refreshed board improve margins?
5 Long-Tenured CEOs that Need to Turn Things Around
While COVID-related issues are abating, it’s no secret that many companies are still struggling to find their footing. We take a close-up look at 5 long-tenured CEOs (+ 1 co-CEO) that are facing big negative 3-year returns.
ExxonMobil Hits First Record High in Eight Years
With ExxonMobil shares hitting a new 52-week high and “making more money than God,” according to President Joe Biden, we take a closer look at financials and governance.
Weekly Executive & Director Moves (June 10)
Therealreal (REAL) founder and CEO departs, and Hippo (HIPO) quickly has a change at CEO highlights this week’s exec moves.
Founder Richard Schulze Bets Big on BBY Stock
Best Buy (BBY) founder and director Richard Schulze just bought almost $20 million in stock. Meanwhile, Target (TGT) lowers guidance again, citing excess inventory concerns.
Cathie Wood buys Coinbase amidst heavy insider selling and sloppy cost controls.
As the market’s favorite contrarian Cathie Wood buys COIN on the dip, we take a look at performance and insider trading. Our take: a head-in-the-sand strategy does little to holster confidence. We continue to see more downside risk ahead and avoid COIN shares.
Weekly Executive & Director Moves (June 3)
Sheryl Sandberg stepping down as COO of Meta Platforms stole the spotlight. But, there was still a lot of movement as the markets moved into June.
Elon’s “super bad feeling” casts a shadow on Polestar debut
In a market where timing is everything, Polestar can’t seem to catch a break. Ahead of the long-awaited GGPI / Polestar merger vote on June 22nd, Elon Musk signals a hiring freeze and staff cuts– fueling concerns around China deliveries.
SPAC & IPO Analysis
Daily SPAC Update – December 30, 2024
AMIAU, IMAQ, SUAC Extension Votes. WLAC Starts Separate Trading. GODN, PPYA Extension Votes Set.
Daily SPAC Update – December 27, 2024
End of Year SPAC Extension Vote Flurry – MITA< ATMC, SHP, TRON, SLAM Approved. Alpha Star Extension Vote. MNTN Trust Frozen in Lawsuit.
Daily SPAC Update – December 24, 2024
Investcorp Europe (IVCB) Extends and Meteora Capital’s Vik Mittal Takes Over. LATG Deal Approved. PRLH Delisting.
Daily SPAC Update – December 23, 2024
LATG, MITA, BRKH Deal Votes Today. CF Acquisition VII (CFFS) Liquidation. ALSA Delisting. BREZ, HSPO, MITA, TRON Extension Votes.
Daily SPAC Update – December 20, 2024
Alphavest (ATMV) Extension Approved. ATMC, HSPO, IRAA Extension Votes Today. MITA Trust Update. CSLM Acquisition / fuse machines Investor Deck.
Daily SPAC Update – December 19, 2024
FTAC Emerald and Kairous Acquisition Delistings as Shareholders Approve Extensions. Bowen Acquisition Deal Vote Set. GSRT, TAVI, FACT Set to Trade Separately.
Daily SPAC Update – December 18, 2024
More SPAC Delistings as Battery Future and Burtech Go Down. Integrated Wellnes and Spree Shareholders Approve Extensions. Mars Acquisition Deal Approved.
Daily SPAC Update – December 17, 2024
Winvest Acquisition (WINV) Extension Approved. Target Global Acquisition and IX Acquisition Delistings. WAVS and ALSA Set Extension Votes.
Daily SPAC Update – December 16, 2024
INAQ DeSPACs to Alpha Modus (AMOD) and IVCP DeSPACs to AleAnna Energy (ANNA). MITA Extension Vote Set. RRAC Moved to OTC. FACT Separate Trading on Dec 20.
Daily SPAC Update – December 13, 2024
Despite Delistings, Liquidations, and Failed Deals, SPAC IPOs Keep Coming. Roman DBDR Acquisition Corp. II (DRDB) $200M and Mountain Lake Acquisition Corp. $210M IPOs.