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Stock impact report

Nitor Capital Management Commends Tejon Ranch Stockholders for Withholding Support for Certain Directors and Voting Against Executive Compensation at Upcoming Annual Meeting [Yahoo! Financ...

Tejon Ranch Co (TRC) 
US:NYSE Investor Relations: ir.tejonranch.com
Company Research Source: Yahoo! Finance
Urges Stockholders to Withhold Support for Steven A. Betts, Norman J. Metcalfe, Geoffrey L. Stack and Michael H. Winer and Vote Against Executive Compensation ENGLEWOOD CLIFFS, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- Nitor Capital Management LLC (together with its affiliates, “Nitor Capital Management” or “we”), a significant stockholder of Tejon Ranch Company (NYSE: TRC) (“Tejon Ranch” or the “Company”) which beneficially owns approximately 1.8% of Tejon Ranch's outstanding shares, today commented on the Company's upcoming annual meeting of stockholders scheduled to be held on May 14, 2024. “We wanted to commend our fellow stockholders, California State Teachers' Retirement System (CalSTRS) and Calvert Research and Management for joining us in taking an important first step to hold the Board accountable for the Company's over 20 year history of abysmal performance, lack of tangible stockholder value creation and questionable compensation practices by WITHHOLDING their votes for t Show less Read more
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