Barington Capital Sends Letter to Matthews International Shareholders Urging Them to Vote GOLD "FOR" the Election of ALL of Barington's Nominees to the Matthews Board
BarrickBarrick(US:GOLD) Prnewswire·2025-02-12 13:00

Group 1 - Barington Capital Group has received unanimous support from leading proxy advisory firms ISS, Glass Lewis, and Egan-Jones for its director nominees to the Matthews Board of Directors [1][2] - The company reported poor fiscal 2025 first quarter earnings, which Barington believes highlights a pattern of management's false hope and empty promises [1][2] - Barington Capital owns approximately 2.1% of Matthews International Corporation's outstanding shares and is advocating for change in the company's management and governance [1][3] Group 2 - James Mitarotonda, Chairman and CEO of Barington Capital, emphasizes the urgency for change at Matthews and encourages shareholders to vote for Barington's nominees to restore accountability and oversight [2][3] - Barington Capital is a value-oriented activist investment firm focused on improving operations, corporate strategy, and governance in undervalued publicly traded companies [3][4] - The firm has filed a definitive proxy statement with the SEC to solicit votes for its director nominees at the upcoming annual meeting of Matthews' stockholders [4][5]

Barrick-Barington Capital Sends Letter to Matthews International Shareholders Urging Them to Vote GOLD "FOR" the Election of ALL of Barington's Nominees to the Matthews Board - Reportify