Join over 13,600 investors that receive our daily summary: The content provided within this website is property of MarketFolly.com and any views or opinions expressed herein are those solely of MarketFolly.com and do not represent that of any firm or institution. We are ready, willing, and able to drive the necessary improvements to succeed at GCP. Please support our efforts to revitalize GCP by voting on the WHITE proxy card to elect our slate of highly qualified nominees. Our interests are directly aligned with yours, and we ask for your support in creating a fresh start to the GCP Board so that, together, we can finally realize the true value of this great Company.
The purpose of this presentation is to provide access to certain analyses prepared by Starboard Value LP ("Starboard"). Collectively, have decades of experience as CEOs, senior executives, chairmen and directors of well-performing industrial companies. Importantly, we will follow through on meeting commitments made to you, the owners of the Company. 9�iN3�z��%LI2��ҀZ&[,�X̛�r�EsJƒ٦��|$gr �̖� Q��c��8C-D�p����i�#`C��n�XVrدB���2o�y� e��*�F��XT�\�r@n�3f�} ����
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Starboard's presentation is available for viewing at the following link and the full text of the letter to shareholders is included below. See Starboard's investor presentation for additional detail. 3Other than Mr. Kiefaber and Ms. Ogilvie, who are current directors of GCP and are serving on Starboard's slate of nominees (Mr. Kiefaber has also been nominated by the Company for election at the Annual Meeting). Cision Distribution 888-776-0942 Starboard Delivers Open Letter to GCP Shareholders... Underperformed its direct peers by 84% since its spin from W.R. Grace in 2016. Starboard also announced today that it has delivered an open letter to GCP shareholders highlighting certain key features of its detailed presentation.
This Presentation … Starboard Value's Presentation on Transforming Darden Restaurants. The Board is laden with significant interconnections among directors that have created an insular boardroom environment that lacks true independence. All investments involve risk, including the risk of total loss. Additionally, this Presentation should not be construed as an offer to buy any investment in any fund or account managed by Starboard Value LP (“Starboard”). Use this information at your own risk. Starboard invests in deeply undervalued companies and actively engages with management teams and boards of directors to identify and execute on opportunities to unlock value for the benefit of all shareholders.
Jeff Smith's activist investment firm Starboard Value today released a presentation on their newest holding, Advance Auto Parts (AAP). We stand for accountability, transparency, and disciplined operational, strategic, and financial focus. Peter A. FeldManaging MemberStarboard Value LP. Some highlights of our investor presentation include: 1. %%EOF
Our detailed presentation and other important information and materials regarding the Annual Meeting can be viewed at www.shareholdersforGCP.com. The qualifications and credentials of our highly-qualified slate of director nominees - Kevin W. Brown, Peter A. Feld, Janet P. Giesselman, Clay H. Kiefaber, Marran H. Ogilvie, Andrew M. Ross, Linda J. Welty and Robert H. Yanker. We believe it is time for a fresh start for GCP, its employees, customers, partners, and shareholders. Of course it would be our expectation, if our nominees are elected, to work constructively with the management team to understand these topics further, verify the opportunities set forth in the presentation and provide thoughtful, data-driven, objective and independent decision making. A detailed plan outlining the opportunities that are available to leverage GCP's best-in class assets to create significant value for shareholders.
For more on Starboard, check out Jeff Smith's presentation at the recent Value Investing Congress as well. Poor compensation and governance practices marked by conflicted directors who occupy all of the key leadership positions on the Board. 2. Jeff Smith's activist firm Starboard Value is out with a presentation on their position in Darden Restaurants (DRI).
If you have any questions or need further assistance with voting your GCP shares, please contact Okapi Partners LLC at +1 (888) 785-6673 (Toll-Free) or by e-mail at [email protected]. %PDF-1.5
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Have backgrounds spanning operations, finance, private equity, mergers and acquisitions, restructuring, strategic transformation, and public company governance as well as substantial experience in the chemical, construction, and broader industrial industries. Operating expenses on both an absolute and relative basis have remained stagnant despite incurring significant restructuring-related expenses. Starboard Value LP (together with its affiliates, "Starboard") currently has a beneficial ownership interest of approximately 9% of the outstanding shares of GCP, making us one of the Company's largest shareholders.
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NEW YORK, April 30, 2020 /PRNewswire/ -- Starboard Value LP (together with its affiliates, "Starboard"), one of the largest shareholders of GCP Applied Technologies Inc. ("GCP" or the "Company")(NYSE: GCP), with an ownership interest of approximately 9% of the Company's outstanding shares, today announced that it has issued a detailed presentation titled "Transforming GCP Applied Technologies," outlining Starboard's views on GCP, the historical challenges that continue to plague the Company, opportunities to drive significant fundamental improvement through the implementation of a comprehensive turnaround plan, and details surrounding Starboard's slate of highly-qualified and experienced director nominees for election at GCP's upcoming 2020 Annual Meeting of Shareholders.
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