Boardroom Alpha Weekly – March 7, 2025

• Read our full summary here: loanDepot and Anthony Hsieh Expand Cooperation Agreement Amid CEO Transition
• loanDepot, Inc. entered into an updated (initially April 2023) cooperation agreement with Anthony Hsieh.
• CEO Transition and Resignation: Frank Martell will leave as President and CEO, effective the earlier of June 4, 2025, or the 2025 Annual Meeting. If no permanent CEO is appointed by that date, Anthony Hsieh will serve as interim CEO.
• Anthony Hsieh Executive Appointment: the Board appointed Mr. Hsieh as Executive Chairman, Mortgage Operations, effective March 6, 2025.
• Board Changes:
  • Dawn Lepore and John Lee were approved as Class I nominees for re-election at the 2025 Annual Meeting.
  • Nikul Patel was appointed as an advisor to the Board and executive team.
  • Frank Martell will step down as a Class I director at the 2025 Annual Meeting.
  • The Board size will be reduced from eight to seven directors following the meeting.

• Newly formed Garden Investment Management led by the ex-Trian team of Ed Garden, Brian Jacoby, and Chad Fauser made their first big move.
• MIDD appointed Ed Garden to the board
• Garden Investment Management must maintain a net long position of at least 2.45% of the Company’s outstanding common stock for this right to apply.

• Fortrea agreed to appoint Erin L. Russell to the board as a Class II director, with a term expiring at the 2025 Annual Meeting.
• Starboard gains the right to appoint an additional director (the “Starboard Appointee”) from August 10, 2025, subject to holding the Minimum Ownership Threshold.
• The board size will be capped at nine directors unless Starboard consents to an increase.

• Increased board size from five to six directors and Vinit K. Asar and Louis Silverman.
• Board will appoint a third independent director by March 22, 2025, and a fourth independent director following the filing of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022.
• P. Gregory Garrison will resign from the Board effective either one business day after the filing of the 2022 Form 10-K or July 1, 2025
• Kent Lake must maintain a Net Long Position of at least 2.0%

Ticker: ACI
Mkt Cap: $12.1B
1-Yr TSR: 6.2%

• Gov Risk: Chairman is not independent
• Gov Risk: Entrenched Board
• Gov Risk: No lead independent director
• SEC Correspondence in the last year

6.1 yrs
15.7% TSR

Morris has served as the Company’s Executive Vice President and Chief Operations Officer since January 2018. In this role, she leads the Company’s retail operations, overseeing more than 2,200 stores across 34 states.   She has nearly 40 years of experience in the retail grocery industry and has held a variety of leadership roles across the Company. Her experience includes serving…read full bio

Ticker: APAM
Mkt Cap: $3.4B
1-Yr TSR: -1.3%

• Director Elections: < 95% average votes FOR
• Gov Risk: Average Director tenure over 10 years

14.3 yrs
9.3% TSR

Mr. Gottlieb, 55, became President of the Company in January 2021. Prior to such time, he was Chief Operating Officer of Investments and served as Executive Vice President from February 2017. Mr. Gottlieb joined the Company in October 2016 as a Managing Director of Investment Operations….read full bio

Ticker: DVN
Mkt Cap: $22.0B
1-Yr TSR: -22.2%

• Bankruptcy Alert: 2 directors have bankruptcy histories (DVN)
• High Activist Vulnerability Risk Score (97)

4.2 yrs
24.1% TSR

Clay M. Gaspar Executive Vice President and Chief Operating Officer Mr. Gaspar, 52, was appointed executive vice president and chief operating officer in January 2021 following Devon’s merger with WPX. He is responsible for Devon’s geosciences, reservoir, production, drilling, completions, facilities, field operations, environmental, health and safety and ESG functions. Gaspar most recen…read full bio

Ticker: ESTA
Mkt Cap: $1.2B
1-Yr TSR: -8.6%

• Bankruptcy Alert: 1 director has a bankruptcy history (ESTA)
• Director Elections: < 95% average votes FOR
• Gov Risk: Chairman is not independent
• Gov Risk: Classified Board / Staggered Director Elections
• Gov Risk: No lead independent director
• Internal Control Risk
• Significant Stock Drop(s) in past 2 years
• Workforce Reduction

12.2 yrs
8.7% TSR

Fillipo “Peter” Caldini, the Company’s current President, will serve as Interim CEO as of March 1, 2025. Mr. Caldini, age 59, joined the Company as President in August 2024. Previously, he served as the Chief Executive Officer and Director of Acreage Holdings, Inc. from 2020 to 2023 and of Bespoke Capital Acquisition Corp from 2019 to 2020. From 2015 to 2019, Mr. Caldini worked a…read full bio

Ticker: GPRE
Mkt Cap: $381.9M
1-Yr TSR: -72.6%

• Cooperation Agreement in the last 2 years
• Gov Risk: Average Director tenure over 10 years
• Gov Risk: Classified Board / Staggered Director Elections
• Gov Risk: Entrenched Board
• High Activist Vulnerability Risk Score (93)
• High CFO Turnover
• Limited external board experience
• Significant Stock Drop(s) in past 2 years
• Stock Alert: 52-week low at $5.00

16.2 yrs
7.2% TSR

Michelle Mapes has served as Chief Legal and Administration Officer and Corporate Secretary since January 2018 and prior to that as Executive Vice President – General Counsel and Corporate Secretary since November 2009. Prior to joining Green Plains in September 2009 as General Counsel, Ms. Mapes was a Partner at Husch Blackwell LLP, where for three years she focused her legal practice nearl…read full bio

Ticker: KR
Mkt Cap: $46.2B
1-Yr TSR: 31.1%

• Abnormally High 8-K Filings
• CFO Tenure Was Under 2 Years: Todd A Foley
• Immediate Resignation
• SEC No Action letter: Responses
• SEC No Action letter(s) in the last 2 years

11.2 yrs
13.2% TSR

Mr. Sargent, age 69, has been a Kroger director since 2006 and has served as the Lead Director of Kroger since 2017. He spent the first ten years of his professional career at Kroger, working in several roles across stores, sales, marketing, manufacturing and strategy. Mr. Sargent is a veteran retail operator and leader with 35 years of experience, including as the Chairman and Chief Executive Off…read full bio

Ticker: LVS
Mkt Cap: $32.5B
1-Yr TSR: -9.6%

• Director Elections: < 95% average votes FOR
• Gov Risk: Chairman is not independent
• Gov Risk: Entrenched Board
• Gov Risk: More than one Director over 75
• Gov Risk: No lead independent director
• High Activist Vulnerability Risk Score (79)
• Negative Say-On-Pay Vote: 65% For

4.2 yrs
-3.2% TSR

Mr. Patrick Dumont, our President and Chief Operating Officer, has been with the Company for more than 14 years, including previously serving as our Executive Vice President and Chief Financial Officer, and has prior experience in corporate finance and management….read full bio

Ticker: LFST
Mkt Cap: $3.0B
1-Yr TSR: 6.8%

• Director Elections: < 95% average votes FOR
• Executive Termination(s) within the last year
• Gov Risk: Chairman is not independent
• Gov Risk: Classified Board / Staggered Director Elections
• Gov Risk: No lead independent director
• Internal Control Risk
• Negative Say-On-Pay Vote: 84% For
• Settlement Agreement
• Significant Stock Drop(s) in past 2 years

2.5 yrs
1.6% TSR

Bourdon has served as CFO of LifeStance since November 2022. He has more than two decades of experience in the health care and mental health industries in both financial and operational roles. He previously served as CFO of Magellan Health, a leader in behavioral health and pharmacy management, and held multiple positions at Cigna. He began his career serving for eight years with the United States…read full bio

Ticker: LDI
Mkt Cap: $585.3M
1-Yr TSR: -28.7%

• 13D filed in the last 6 months
• Abnormally High 8-K Filings
• Bankruptcy Alert: 1 director has a bankruptcy history (LDI)
• Cooperation Agreement
• Cooperation Agreement in the last 2 years
• Cyber Incident(s) within the last year
• Gov Risk: Chairman is not independent
• Gov Risk: Classified Board / Staggered Director Elections
• Gov Risk: Entrenched Board
• Gov Risk: No lead independent director
• High Activist Vulnerability Risk Score (97)
• SEC Correspondence in the last year

3.2 yrs
-17.3% TSR

Mr. Hsieh, 60, founded loanDepot and has served as Chair of the Board since February 2021. Mr. Hsieh served as Executive Chairman from April 2022 to February 2023 and as CEO of loanDepot from February 2021 to April 2022 and as the Chair and CEO of the Company’s affiliate, loanDepot.com, LLC, between December 2009 (when the business was formed) until April 2022. Mr. Hsieh has more than 30 yea…read full bio

Ticker: MAS
Mkt Cap: $15.7B
1-Yr TSR: -2.1%

• Bankruptcy Alert: 1 director has a bankruptcy history (MAS)
• Director Elections: < 95% average votes FOR
• Gov Risk: Classified Board / Staggered Director Elections
• Overboarding
• SEC Correspondence in the last year
• SEC No Action letter: Requests
• SEC No Action letter(s) in the last 2 years

11.1 yrs
14.3% TSR

Jonathon Nudi joined Masco’s Board of Directors in June 2023. Nudi has extensive strategic, operational and international experience, having served in a variety of leadership positions in the US and Europe over his 30-year career at General Mills. Nudi most recently served as Group President of General Mills’ Pet, International and North America Foodservice segments, the company’…read full bio

Ticker: PSMT
Mkt Cap: $2.7B
1-Yr TSR: 8.3%

• Cyber Incident(s) within the last year
• Director Elections: < 95% average votes FOR
• Gov Risk: Average Director tenure over 10 years
• Gov Risk: Chairman is not independent
• Gov Risk: Entrenched Board
• Gov Risk: More than one Director over 75
• Limited external board experience

2.5 yrs *interim*
10.1% TSR

Robert E. Price has served as Interim Chief Executive Officer since February 2023 and has been Chairman of the Board of Directors of the Company since its spin-off from Price Enterprises, Inc. in 1997. He served as Executive Chairman from October 2018 to February 2020. Mr. Price has served as Chief Executive Officer and President of the Company at various times during the Company’s history, includ…read full bio

Ticker: UCTT
Mkt Cap: $1.1B
1-Yr TSR: -47.3%

• Amended Filing (10-Q/A)
• Amended Filings (10-Q/A) within the last year
• Gov Risk: Average Director tenure over 10 years
• Ind. Accountant Resigned
• Internal Control Risk
• SEC Investigation Related
• Significant Stock Drop(s) in past 2 years
• Stock Alert: 52-week low at $23.34

10.2 yrs
9.6% TSR

Mr. Granger, age 76, has been serving as the Chairman of the Board since October 2006. From 1996 to 2015, Mr. Granger served in multiple roles at the Company, including 12 years as Chief Executive Officer from 2003 until his retirement in 2015. Before joining the Company, Mr. Granger held executive management roles at Seagate Technology, HMT Technology and Xidex, including the position of Chief Ex…read full bio

Ticker: ADTN
Mkt Cap: $759.5M
1-Yr TSR: 58.2%

• Amended Filings (10-Q/A) within the last year
• Bankruptcy Alert: Current CFO has bankruptcy history (ADTN)
• CFO Tenure Was Under 2 Years: Ulrich Dopfer
• Gov Risk: Average Director tenure over 10 years
• Gov Risk: Chairman is not independent
• Gov Risk: Entrenched Board
• Internal Control Risk
• Overboarding
• SEC Correspondence in the last year
• Significant Stock Drop(s) in past 2 years
• Workforce Reduction

1.8 yrs
3.4% TSR

Before joining the Company, Mr. Santo, age 48, served at Conn’s, Inc. in a variety of roles, including as Chief Financial Officer (February 2024 to March 7, 2025), Interim Chief Financial Officer (November 2023 to February 2024), and Vice President and Chief Accounting Officer (April 2023 to November 2023). Prior to that, he served as Senior Vice President & Global Control…read full bio

Ticker: BL
Mkt Cap: $3.1B
1-Yr TSR: -21.9%

• Director Elections: < 95% average votes FOR
• Gov Risk: Chairman is not independent
• Gov Risk: Classified Board / Staggered Director Elections
• Gov Risk: No lead independent director
• Limited external board experience
• Significant Stock Drop(s) in past 2 years
• Workforce Reduction

10.0 yrs
8.9% TSR

Mr. Villanova, 47, has served as the Company’s Chief Accounting Officer since March 2019. He previously served as the Company’s Controller from November 2015 to March 2019. Prior to joining the Company, Mr. Villanova spent nearly 16 years at PricewaterhouseCoopers. Mr. Villanova holds a B.A. in Accounting and Computer Applications from the University of Notre Dame and is a certified public account…read full bio

Ticker: BTSG
Mkt Cap: $3.0B
1-Yr TSR: 87.5%

• 13D filed in the last 6 months
• Bankruptcy Alert: 1 director has a bankruptcy history (BTSG)
• Cyber Incident(s) within the last year
• Settlement Agreement

7.4 yrs
57.4% TSR

Prior to her appointment as Chief Financial Officer, Ms. Phipps, age 43, has served as the Company’s Senior Vice President and Chief Accounting Officer since January 2017 and as Principal Accounting Officer since the Company’s initial public offering in January 2024, as well as Chief Financial Officer of the Company’s Home Health and Hospice business lines since January 2023. In…read full bio

Ticker: CARG
Mkt Cap: $3.2B
1-Yr TSR: 39.7%

• CFO Tenure Was Under 2 Years: Elisa Palazzo
• Gov Risk: Average Director tenure over 10 years
• Gov Risk: Chairman is not independent
• Gov Risk: Classified Board / Staggered Director Elections
• Gov Risk: Entrenched Board
• Gov Risk: Multi-Class Shares
• Gov Risk: No lead independent director
• High CFO Turnover
• Internal Control Risk
• Significant Stock Drop(s) in past 2 years

1.3 yrs
32.4% TSR

Jason Trevisan, Chief Executive Officer and Director (Age 50) . Mr. Trevisan has served as our Chief Executive Officer and a member of our Board of Directors since January 2021. Prior to such appointments, he served as our Chief Financial Officer from September 2015 to January 2021, as our Treasurer from July 2016 to January 2021, and as our President, International from January 2020 to January 20…read full bio

Ticker: DLTR
Mkt Cap: $14.9B
1-Yr TSR: -53.6%

• Abnormally High 8-K Filings
• Bankruptcy Alert: 1 director has a bankruptcy history (DLTR)
• CEO Tenure Was Under 2 Years: Richard W Dreiling
• Gov Risk: Chairman is not independent
• Gov Risk: Entrenched Board
• High Activist Vulnerability Risk Score (98)
• Immediate Resignation
• SEC No Action letter(s) in the last 2 years
• Significant Stock Drop(s) in past 2 years

2.6 yrs
-29.4% TSR

Since January 2025, Mr. Glendinning has served in a senior role focused on enterprise-wide transformation initiatives, including key areas within the Company’s finance organization and the review of strategic alternatives for the Family Dollar business. He previously served in executive roles at Express, Inc., where he served as its Chief Executive Officer from September 2023 to December 202…read full bio

Ticker: FLR
Mkt Cap: $6.2B
1-Yr TSR: -.7%

• Bankruptcy Alert: 3 directors have bankruptcy histories (FLR)
• Bankruptcy Alert: Current CFO has bankruptcy history (FLR)
• Gov Risk: Chairman is not independent
• Gov Risk: Entrenched Board
• High CFO Turnover
• Stock Alert: 52-week low at $35.93

4.7 yrs
27.9% TSR

John C. Regan Mr. Regan has been Executive Vice President, Controller and Chief Accounting Officer since June 2020. He was previously Executive Vice President and Chief Financial Officer of Alta Mesa Resources, Inc., an upstream exploration and production company, from 2019 to 2020. Mr. Regan is a Certified Public Accountant recognized by the State of Texas. Effective March 1, 2025, Mr. Regan will…read full bio

Ticker: IDXX
Mkt Cap: $34.9B
1-Yr TSR: -23.2%

• Bankruptcy Alert: 2 directors have bankruptcy histories (IDXX)
• Gov Risk: Classified Board / Staggered Director Elections

11.2 yrs
20.9% TSR

Mr. Emerson, age 41, has served as a Senior Vice President of the Company since January 2024 and a Vice President of the Company from November 2015 to December 2023. Since joining IDEXX in November 2015, he has led the finance organization for the CAG business. In March 2020, he also assumed responsibility for the corporate finance function, including investor relatio…read full bio

Ticker: IP
Mkt Cap: $27.2B
1-Yr TSR: 48.4%

• Abnormally High 8-K Filings
• Bankruptcy Alert: 1 director has a bankruptcy history (IP)
• Executive Termination(s) within the last year
• Gov Risk: Chairman is not independent
• SEC Correspondence in the last year
• Settlement Agreement
• Workforce Reduction

6.8 yrs
4.6% TSR

Mr. Loeffler joins the Company from Halliburton (NYSE: HAL), provider of services and products to the energy industry, where he most recently served as senior vice president, Middle East and North Africa (2022-2024). Prior to this role, Mr. Loeffler held other positions at Halliburton including executive vice president and chief financial officer (2018-2022), vice president, investor rel…read full bio

Ticker: LMAT
Mkt Cap: $1.9B
1-Yr TSR: 23.3%

• Gov Risk: Average Director tenure over 10 years
• Gov Risk: Chairman is not independent
• Gov Risk: Entrenched Board
• Gov Risk: More than one Director over 75
• Gov Risk: No lead independent director

17.7 yrs
17.1% TSR

Mr. LeBlanc, age 50, joins the Company from LumiraDx Limited (recently acquired by Roche), a next-generation point of care diagnostic company, where he most recently served as Chief Financial Officer since November 2016, and was appointed Vice President, Global Operations in August 2020, and subsequently appointed Chief Operating Officer in November 2023. Prior to joining LumiraDx, Mr. LeBlanc hel…read full bio

Ticker: LFST
Mkt Cap: $3.0B
1-Yr TSR: 6.8%

• Director Elections: < 95% average votes FOR
• Executive Termination(s) within the last year
• Gov Risk: Chairman is not independent
• Gov Risk: Classified Board / Staggered Director Elections
• Gov Risk: No lead independent director
• Internal Control Risk
• Negative Say-On-Pay Vote: 84% For
• Settlement Agreement
• Significant Stock Drop(s) in past 2 years

2.3 yrs
16.7% TSR

Prior to joining LifeStance, Mr. McGroarty has served as the Chief Financial Officer of Help at Home, LLC, the largest U.S. homecare company, since September 2021, where he led finance, accounting, treasury and revenue management functions. Previously, Mr. McGroarty held a variety of positions with The Cigna Group, including Chief Financial Officer, Vice President, Government Business Se…read full bio

Ticker: LXP
Mkt Cap: $2.7B
1-Yr TSR: 9.4%

• Cyber Incident(s) within the last year
• Gov Risk: Chairman is not independent
• High Activist Vulnerability Risk Score (81)
• Limited external board experience

6.0 yrs
4.0% TSR

Mr. Brunner replaces Beth Boulerice, who will remain in an advisory role as an Executive Vice President of the Trust. Mr. Brunner joined the Trust in September 2024 and served as Executive Vice President of Capital Markets. Prior to joining the Trust, Mr. Brunner spent approximately 14 years as an investment banker at J.P. Morgan, where he most recently served as Managing Director in the firm&rsqu…read full bio

Ticker: LYB
Mkt Cap: $24.6B
1-Yr TSR: -21.9%

• Bankruptcy Alert: 1 director has a bankruptcy history (LYB)
• High Activist Vulnerability Risk Score (87)

5.3 yrs
1.5% TSR

Mr. Izquierdo, age 47, joined the Company in November 2022 as Vice President, Strategy & Finance, Intermediates & Derivatives and moved into the role of Senior Vice President, O&P Americas & Refining in April 2024. Prior to joining the Company, he served in roles with increasing responsibility at BASF from 2009 to 2022, including as General Manage…read full bio

Ticker: MTCH
Mkt Cap: $7.8B
1-Yr TSR: -9.4%

• Class Action
• Director Elections: < 95% average votes FOR
• Gov Risk: Classified Board / Staggered Director Elections
• High Activist Vulnerability Risk Score (88)
• High CFO Turnover
• SEC Correspondence in the last year
• Significant Stock Drop(s) in past 2 years

4.7 yrs
-22.7% TSR

Mr. Bailey, age 42, has served as the Company’s Senior Vice President, Financial Planning & Business Operations since February 2022. Prior to that, he held positions of increasing responsibility with the Company since 2012, including Chief Financial Officer, Match Group Americas, from February 2021 to January 2022; Senior Vice President, Finance & Busine…read full bio

Ticker: MDT
Mkt Cap: $119.4B
1-Yr TSR: 12.9%

• CFO Tenure Was Under 2 Years: Gary Corona
• Gov Risk: Chairman is not independent
• SEC Correspondence in the last year
• Workforce Reduction

.6 yrs *interim*
16.6% TSR

Thierry Pieton is a global finance executive with experience across many of the world’s most operationally-focused companies and industries, including almost 16 years within the General Electric (GE) group of companies. Mr. Pieton began his career as an auditor at PricewaterhouseCoopers (PwC) before moving into finance business partner roles, first at GE Healthcare and then at GE. From GE, Mr. Pie…read full bio

Ticker: JWN
Mkt Cap: $4.0B
1-Yr TSR: 20.9%

• 13D filed in the last 6 months
• CFO Tenure Was Under 2 Years: Catherine R Smith
• Immediate Resignation
• Merger Agreement
• Significant Stock Drop(s) in past 2 years

1.9 yrs
29.9% TSR

Michael W. Maher Employee since 2009 Age 49 Interim Chief Financial Officer and Chief Accounting Officer since December 2022. Mr. Maher previously served as Chief Accounting Officer from January 2020 to December 2022 and SVP, Finance from May 2017 to January 2020. From October 2011 to April 2017, he held various leadership finance roles for the Company’s Full -Line stores and Full -Price business….read full bio

Ticker: KAR
Mkt Cap: $2.2B
1-Yr TSR: 32.1%

• CFO Tenure Was Under 2 Years: Brad S Lakhia
• SEC Correspondence in the last year

1.9 yrs
30.9% TSR

Ticker: OTEX
Mkt Cap: $6.8B
1-Yr TSR: -29.8%

• CFO Tenure Was Under 2 Years: Madhu Ranganathan
• Failed Say-On-Pay Vote: 25% For
• High Activist Vulnerability Risk Score (91)
• Limited external board experience
• Stock Alert: 52-week low at $25.47
• Workforce Reduction

.9 yrs
-28.2% TSR

Mr. Westlake, age 46, is a highly experienced finance and transformation executive, previously serving as the Chief Financial Officer of EQB Inc., a leading digital financial services company. In his role, Mr. Westlake led corporate strategy and development, and overall financial management including investor relations, treasury, capital markets, core finance functions and strategic process i…read full bio

Ticker: PUMP
Mkt Cap: $742.8M
1-Yr TSR: 1.6%

• Bankruptcy Alert: 2 directors have bankruptcy histories (PUMP)
• Gov Risk: Entrenched Board
• High Activist Vulnerability Risk Score (78)
• Internal Control Risk
• SEC Investigation Related

4.4 yrs
13.6% TSR

Celina M. Davila, 44 , has served as our Chief Accounting Officer since November 2023. Prior to her appointment as Chief Accounting Officer, Ms. Davila served as the Company’s Director of Accounting and Corporate Controller since August 2022 and as Corporate Controller since October 2019. Ms. Davila joined the Company in January 2019 as Hydraulic Fracturing Controller. Prior to joining the Company…read full bio

Ticker: CRM
Mkt Cap: $274.9B
1-Yr TSR: -3.8%

• Failed Say-On-Pay Vote: 45% For
• Gov Risk: Chairman is not independent
• Gov Risk: Entrenched Board
• SEC No Action letter: Requests
• SEC No Action letter(s) in the last 2 years
• Significant Stock Drop(s) in past 2 years
• Workforce Reduction

4.1 yrs
5.8% TSR

Ms. Washington, age 62, has served as a member of the Salesforce Board of Directors (the “Board”) since 2013, and Lead Independent Director since 2022, playing a critical role in Salesforce’s financial and strategic evolution. Ms. Washington will continue serving on the Board in her new role. Ms. Washington served as an advisor to Gilead Sciences, Inc., a biopharma…read full bio

Ticker: SEDG
Mkt Cap: $941.7M
1-Yr TSR: -76.3%

• Abnormally High 8-K Filings
• CEO Tenure Was Under 2 Years: Ronen Faier
• CFO Tenure Was Under 2 Years: Ariel Porat
• Gov Risk: Classified Board / Staggered Director Elections
• High Activist Vulnerability Risk Score (100)
• High CFO Turnover
• Immediate Resignation
• Settlement Agreement
• Significant Stock Drop(s) in past 2 years
• Workforce Reduction

.8 yrs
-64.4% TSR

Prior to his appointment as CFO and PAO, Mr. Alperovitz, age 55, has served as a Chief Financial Officer at Delta Galil Industries Ltd. (TASE: DELG), a global high-tech apparel company, from 2019 to 2024. Previously, Mr. Alperovitz also served as Chief Executive Officer of AllMed Medical Solutions Ltd. (TASE: ALMD) from 2012 to 2019. Mr. Alperovitz has also held senior management roles at Syneron…read full bio

Ticker: SBUX
Mkt Cap: $119.8B
1-Yr TSR: 17.9%

• CEO Tenure Was Under 2 Years: Laxman Narasimhan
• CEO Tenure Was Under 2 Years: Rachel Ruggeri
• Class Action
• Executive Termination(s) within the last year
• Gov Risk: Chairman is not independent
• Immediate Resignation
• Proxy Fight in the last 2 years
• SEC No Action letter: Requests
• SEC No Action letter: Responses
• SEC No Action letter(s) in the last 2 years
• Significant Stock Drop(s) in past 2 years

4.1 yrs
5.4% TSR

Ms. Smith, age 61, joins Starbucks from Nordstrom where she has served as executive vice president, chief financial officer and treasurer since 2023. From 2020 to 2023, Ms. Smith served as chief financial and administrative officer for Bright Health Group. From 2015 to 2020, Ms. Smith served as the chief financial officer for Target Corporation. Previously, Ms. Smith served as chief financial offi…read full bio

Ticker: COOK
Mkt Cap: $282.1M
1-Yr TSR: 4.9%

• 13D filed in the last 6 months
• Gov Risk: Chairman is not independent
• Gov Risk: Classified Board / Staggered Director Elections
• High Activist Vulnerability Risk Score (75)
• Significant Stock Drop(s) in past 2 years
• Workforce Reduction

3.7 yrs
-47.5% TSR

Joey Hord, 45, has served as Senior Vice President of Finance and Strategy at the Company since April 2023, and, prior to that, as Vice President of Finance and Strategy from September 2021 until March 2023. Before his time at Traeger, he spent 16 years at NIKE, Inc. in various leadership roles, including Senior Director of Global Business Planning from April 2020 to September 2021, CFO of Nike So…read full bio