Boardroom Alpha Digest: Weds, Jan 11

by | Jan 11, 2023

Executive News

  • Two directors announced that they will not be standing for re-election at Philip Morris International (PM) with Lead Independent Director Lucio Noto and Frederik Paulsen concluding their terms at the Annual Meeting

Activist Situations

  • According to reports Nelson Peltz’s Trian Fund Management is planning a potential proxy fight with Walt Disney Co. (DIS) in attempt to get a board seat. Disney also named former Nike (NKE) CEO Mark Parker as its next board chair.
  • Sarissa Capital is continuing its fight against Amarin Corporation (AMRN), calling to oust Chairman Per Wold-Olsen and nominate 7 directors to its board. Sarissa owns ~6% of AMRN and began agitating for change last year.


  • Skyward Specialty Insurance Group, Inc. (SKWD) and MGO Global Inc. (MGOL) are expected to price IPOs this week


  • Former DeSPAC Super Group Limited (SGHC) authorized a $25M share repurchase program, to be completed by December 2023
  • RMG Acquisition Corp. II (RMGC) shareholders approved an extension to August, coupled with 98% redemptions from shareholders
  • Catalyst Partners Acquisition Corp. (CPAR) will vote to liquidate early on 1/31

SPAC Calendar

Recent Analysis


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