David Tepper sends scathing letter to Whirlpool for destroying shareholder value, pushes for changes

Core Viewpoint - David Tepper, the billionaire founder of Appaloosa Management, criticized Whirlpool's board for destroying shareholder value and called for significant changes in strategy and leadership [1] Group 1: Shareholder Concerns - Tepper's letter to Whirlpool's board emphasized the need for a reevaluation of the company's current strategy and leadership [1] - The criticism comes as Whirlpool was the eighth-largest holding in Appaloosa Management's portfolio, valued at $282 million at the end of the fourth quarter [1] Group 2: Market Reaction - Following the news of Tepper's letter, shares of Whirlpool experienced a nearly 1% increase [1]