GreenWood Investors Announces Leonardo Minority Board Slate for 2023 Annual Meeting of Shareholders

GreenWood Investors LLC and other like-minded Leonardo shareholders filed with Leonardo S.p.A. (the “Company”), a minority slate of 4 nominees (the “GreenWood slate”) for election to the Company’s Board of Directors (the “Board”) at the forthcoming Shareholders’ Meeting.

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Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Friday, April 21, 2023
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Tags: 
Asset Management, Professional Services, Finance, Wood, Leonardo S.p.A., CIO, GreenWood, A&D, Security (finance)
Geotags: 
NEW YORK, UNITED STATES, NORTH AMERICA, LEONARDO
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Summary
Key Points: 
  • GreenWood Investors LLC and other like-minded Leonardo shareholders filed with Leonardo S.p.A. (the “Company”), a minority slate of 4 nominees (the “GreenWood slate”) for election to the Company’s Board of Directors (the “Board”) at the forthcoming Shareholders’ Meeting.
  • In addition, GreenWood has published a presentation, The Right Experience at the Right Time , detailing its rationale for proposing the GreenWood slate.
  • The GreenWood slate directors also bring deep knowledge of Leonardo and significant experience in the aerospace and defense (A&D) industry.
  • Steven Wood, Founder and CIO of GreenWood Investors, commented, “GreenWood has been a long-term, collaborative, and supportive Leonardo shareholder starting in 2014.


GreenWood Investors LLC and other like-minded Leonardo shareholders filed with Leonardo S.p.A. (the “Company”), a minority slate of 4 nominees (the “GreenWood slate”) for election to the Company’s Board of Directors (the “Board”) at the forthcoming Shareholders’ Meeting. GreenWood Investors and other nominating shareholders collectively own 1.55% of the outstanding common stock of the Company.

The GreenWood slate includes independent director nominees Steven Wood, Giancarlo Ghislanzoni, Silvia Stefini, and Dominique Levy. The nomination filing and related documents can be found on the Leonardo website.

In addition, GreenWood has published a presentation, The Right Experience at the Right Time, detailing its rationale for proposing the GreenWood slate.

GreenWood believes that its independent slate will enhance the Leonardo Board by adding directors with critical capital allocation, cross-border and operational excellence skillsets. The GreenWood slate directors also bring deep knowledge of Leonardo and significant experience in the aerospace and defense (A&D) industry.

Steven Wood, Founder and CIO of GreenWood Investors, commented, “GreenWood has been a long-term, collaborative, and supportive Leonardo shareholder starting in 2014. We greatly admire the Company’s technology and capabilities, and we are excited to partner with management to help the Company achieve its full potential. The GreenWood slate nominees look forward to collaborating with our fellow directors to enable the Company to solidify its position as a European A&D champion.”

The GreenWood materials can be found at: https://www.gwinvestors.com/the-right-experience-at-the-right-time/

About GreenWood Investors LLC

GreenWood Investors is an investment manager founded in 2010 by Steven D. Wood to engage and invest with great managers building underappreciated companies. The firm partners with management teams during transformational moments in their history to help them accelerate their ability to drive long-term, sustainable value. The firm employs a concentrated, value-oriented global equity investment approach and its strategy is to perform deep diligence and develop relationships with key industry leaders who help to improve outcomes for all stakeholders.

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