Elliott Management Nominates Five Independent, Highly Qualified Director Candidates to the Board of Arconic
Arconic Corporation (ARNC)
Last arconic corporation earnings: 1/27 06:50 am
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US:NYSE Investor Relations:
arconic.com/global/en/investors/overview.asp
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Source: Business Wire
Investor presentation outlines need for leadership change at Arconic Announces engagement of former Spirit AeroSystems CEO Larry Lawson Demonstrates path to creation of substantial value for all shareholders Full materials available at NewArconic.com NEW YORK--(BUSINESS WIRE)-- Elliott Management Corporation (“Elliott”), which manages funds that collectively beneficially own 10.5% (12.1% economic ownership) of the common stock and equivalents of Arconic, Inc. (NYSE:ARNC) (“Arconic” or the “Company”), today announced in a presentation to Arconic shareholders that it has nominated five independent, highly qualified nominees to the Company’s Board (the “Shareholder Nominees”). In addition, Elliott announced the engagement of former Spirit AeroSystems, Inc. (NYSE: SPR) CEO Larry Lawson as a consultant. During Mr. Lawson’s tenure at Spirit, the company outperformed the S&P
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