Edward Smolyansky Responds to ISS Board Recommendation [Yahoo! Finance]
Lifeway Foods, Inc. (LWAY)
Last lifeway foods, inc. earnings: 5/18 05:59 pm
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US:NASDAQ Investor Relations:
lifewaykefir.com/investor-relations
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Source: Yahoo! Finance
CHICAGO Dec. 19, 2025 /PRNewswire/ -- Edward Smolyansky, largest individual shareholder of Lifeway Foods, Inc. (Nasdaq: LWAY), today drew attention to critical governance concerns identified by Institutional Shareholder Services ("ISS") in its recent proxy analysis. Mr. Smolyansky's full letter to the shareholders can be accessed here In its report, ISS questioned Lifeway's approach to shareholder and proxy advisor engagement, noting that governance-related discussions were not led by the CEO or any incumbent director, but instead by the Company's Chief of Staff—who is also the spouse of CEO Julie Smolyansky. Despite holding no officer or board position, he acted as the Company's primary representative in matters that typically require direct board-level accountability. ISS further highlighted the lack of transparency surrounding this role, the absence of a clear framework for managing potential conflicts, and the fact that no directors were present to address these concerns. ISS
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News
- Edward Smolyansky Responds to ISS Board RecommendationPR Newswire
- Lifeway Foods Receives ISS Recommendation Supporting Company Nominees [Yahoo! Finance]Yahoo! Finance
- Lifeway Foods Receives ISS Recommendation Supporting Company NomineesPR Newswire
- EDWARD SMOLYANSKY, A LIFEWAY SHAREHOLDER, RELEASES KEY DEPOSITION INSIGHTS, CALLS FOR WITHHOLD VOTE ON LEGACY DIRECTORS DORRI McWHORTER, JULIE SMOLYANSKY, AND JASON SCHERPR Newswire
- CORRECTION -- Lifeway Issues Letter to Shareholders Regarding Dissident Director Nominees, Revealing Disqualifying Track Records and Ethical Failures [Yahoo! Finance]Yahoo! Finance
LWAY
Sec Filings
- 12/19/25 - Form DEFA14A
- 12/17/25 - Form DFAN14A
- 12/15/25 - Form DFAN14A
- LWAY's page on the SEC website