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Saga Communications, Inc. Board Refreshment Continues Naming Gregg Sutherland to Board of Directors
Globenewswire· 2025-10-01 20:58
Core Points - Saga Communications, Inc. has increased its Board of Directors to eight members with the appointment of Gregg Sutherland [1][3] - Gregg Sutherland has a strong background in strategy consulting and corporate governance, having served as a Senior Partner at Ernst & Young and held various board positions [2] - The company aims to reduce the Board size back to seven members at the 2026 Annual Shareholder Meeting [3] Company Overview - Saga Communications is focused on acquiring, developing, and operating broadcast properties, with an emphasis on enhancing its core radio business through digital and e-commerce initiatives [4] - The company operates in 28 markets, managing 82 FM and 31 AM radio stations, along with 79 metro signals [4]
Grocery Outlet Announces Board Refreshment
Globenewswire· 2025-06-26 20:05
Adds Two New Independent Directors with Relevant Expertise to Support Next Chapter of Growth Two Long-serving Directors to Retire in August EMERYVILLE, Calif., June 26, 2025 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet," the "Company," "we" or "our") announced the appointments of Michael Kobayashi and Lawrence “Chip” Molloy to its Board of Directors, effective today, as part of the Company’s Board refreshment and leadership transition efforts, which are designed to drive th ...
Dynavax Files Investor Presentation Highlighting Superior Strategy and Board That is Delivering Strong Financial Results and Significant Long-Term Value
Prnewswire· 2025-05-12 11:30
Presentation Underscores Deep Track's Value Destructive Plan and Inferior Slate of Director Nominees Urges Stockholders to Vote "FOR" All Four Dynavax Director Nominees on the GOLD Proxy Card Today EMERYVILLE, Calif., May 12, 2025 /PRNewswire/ -- Dynavax Technologies Corporation (Nasdaq: DVAX) ("Dynavax" or the "Company"), a commercial-stage biopharmaceutical company developing and commercializing innovative vaccines, today announced that it has filed an investor presentation with the Securities and Exchang ...
TETRA TECHNOLOGIES, INC. ANNOUNCES INTENT TO CONTINUE BOARD REFRESHMENT AT 2025 ANNUAL MEETING OF SHAREHOLDERS
Prnewswire· 2025-03-25 12:00
Core Viewpoint - TETRA Technologies, Inc. is committed to refreshing its Board of Directors to enhance value creation and maintain effective governance, amidst ongoing challenges from activist shareholder Brad Radoff [1][2][5]. Board Refreshment and Governance - TETRA plans to nominate Julie Sloat, a former CEO of American Electric Power, for election to its Board, while independent director Mark E. Baldwin will retire [2][3]. - Over the past five years, TETRA has proactively refreshed its Board with five retirements and four new additions, ensuring a diverse and experienced leadership team [3][4]. - The Board has focused on maintaining clear disclosures regarding governance policies and strategic planning, aiming for a well-rounded Board with expertise in various relevant fields [3][4]. Performance and Strategy - Since the appointment of CEO Brady Murphy in 2019, TETRA has achieved a total shareholder return of approximately 60%, with a five-year total shareholder return of 1117%, significantly outperforming industry indices [11][17]. - The company’s long-term strategy includes leveraging synergies between its Completion Fluids & Products and Water & Flowback Services segments, while also expanding into energy storage and desalination markets [11][7]. - TETRA has maintained disciplined capital allocation, achieving a record Return on Net Capital Employed (RONCE) of 17.8% over the last two years, up from 13.4% in 2022 [11][19]. Activist Campaign and Response - Brad Radoff has initiated an activist campaign to replace a majority of the Board's independent members, despite TETRA's efforts to engage in good faith discussions [5][6]. - The Board's Nominating, Governance and Sustainability Committee is assessing Radoff's proposed candidates, noting that some have poor records of delivering shareholder value [6][7]. - TETRA emphasizes that destabilizing the current Board would not be in the best interests of shareholders, as it continues its director refreshment approach [6][7].