Voce Capital Urges Fellow Stockholders to Vote Against All Three OnDeck Directors up for Reelection
ON DECK CAPITAL INC (ONDK)
Last on deck capital inc earnings: 4/30 07:00 am
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US:NYSE Investor Relations:
investors.ondeck.com/investor-overview/overview/default.aspx
Company Research
Source: Business Wire
OnDeck’s Lack of Strategic Focus, Runaway Costs and Weak Corporate Governance Have Contributed to Chronic Underperformance – With the Stock Down 93% Since IPO Just Over Five Years AgoOnDeck’s Destruction of Stockholder Value Has Been Years in the Making – Well Before the Arrival of COVID-19Misaligned Executive Compensation Structure Has Rewarded Leadership While Stockholders Have SufferedEntrenched Board and Unfriendly Governance Structure Leaves Stockholders Only One Avenue to be Heard: Withholding VotesBoard’s Refusal to Include Proposal to De-Stagger Underscores Importance of Holding Board Accountable NOWDirectors Standing For Reelection This Year Are the Board’s Leaders Most Responsible for its FailuresVoce Plans to Vote AGAINST All Three OnDeck Directors at Upcoming Annual Meeting and Urges Fellow Stockholders to Do the Same SAN FRANCISCO--(BUSINESS WIRE)--Voce Capital Management LLC (“Voce”) is the beneficial owner of more than 1.3 million shares of OnDeck Capital, Inc. (NYSE
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