ValueAct Capital

Crown Castle Reiterates Actions Underway to Enhance and Unlock Shareholder Value

Retrieved on: 
Tuesday, February 20, 2024
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HOUSTON, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) (“Crown Castle” or the “Company”) today confirmed that Boots Capital Management, LLC (“Boots Capital”), which is led by Ted Miller, has nominated four candidates to stand for election to Crown Castle’s Board of Directors (“Board”) at the Company’s 2024 Annual Meeting of Stockholders. Mr. Miller is a co-founder of Crown Castle and resigned as CEO and a Director of the Company in 2001 and 2002, respectively.

Key Points: 
  • Mr. Miller is a co-founder of Crown Castle and resigned as CEO and a Director of the Company in 2001 and 2002, respectively.
  • The Crown Castle Board and management team are confident in the actions the Company is taking to remain well positioned for long term success and shareholder value creation.
  • The Crown Castle Board and management team value constructive dialogue with shareholders and regularly engage with an open mind to better understand their perspectives on the Company’s strategy, performance and business objectives.
  • While we recognize Mr. Miller’s contributions to the formation of Crown Castle more than twenty years ago, Boots Capital’s nominees do not possess the relevant expertise and experience to successfully oversee Crown Castle’s strategy.

The Walt Disney Company Highlights Strength of its Highly Qualified Board and Clear Strategy to Deliver Growth and Shareholder Value

Retrieved on: 
Thursday, February 1, 2024
Retail, Theme Parks, Online, Mobile Entertainment, Tourist Attractions, General Entertainment, Lodging, Destinations, Travel, TV and Radio, Film & Motion Pictures, Specialty, Vacation, Entertainment, Cruise, Sport, Succession planning, DTC, History, Shareholder, Heart, Direct-to-consumer, ValueAct Capital, Uncertainty, Marketing, Investment, Morgan Stanley, Walt Disney, ESPN, IP, Annual general meeting, DIS, Letter, Creativity, Film, Face, Management

Further, Disney believes all 12 of its nominees are best qualified to create sustainable shareholder value.

Key Points: 
  • Further, Disney believes all 12 of its nominees are best qualified to create sustainable shareholder value.
  • The Company’s proxy statement has been filed with the SEC and is being mailed to shareholders.
  • Thank you for your investment in The Walt Disney Company and your commitment to its enduring legacy as the leading name in global entertainment.
  • Thank you again for your continued support of The Walt Disney Company.

Crown Castle Appoints Bradley Singer to its Board of Directors

Retrieved on: 
Wednesday, January 17, 2024
CFO, Treasurer, ValueAct Capital, American Tower, Crown Castle, CCI, Audit committee, Discovery, Inc.

HOUSTON, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today the appointment of Bradley E. Singer to its board of directors.

Key Points: 
  • HOUSTON, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle") announced today the appointment of Bradley E. Singer to its board of directors.
  • Mr. Singer previously served as Chief Operating Officer and an Investment Partner at ValueAct Capital, Chief Financial Officer of Discovery Communications and CFO and Treasurer of American Tower Corporation.
  • He currently serves on the boards of directors of Sweetgreen, Inc. and Redfin Corp.
    “Brad’s extensive financial, investment and telecom industry experience adds valuable depth to our board,” said P. Robert Bartolo, Chair of the Crown Castle board of directors.
  • “We look forward to benefitting from his expertise as we continue to evaluate opportunities to enhance shareholder value from Crown Castle’s leading portfolio of communications infrastructure.”
    Mr. Singer will serve as a member of the Audit Committee.

The Walt Disney Company and ValueAct Capital Enter Into Information-sharing Arrangement to Facilitate Strategic Consultation During Company’s Transformation

Retrieved on: 
Wednesday, January 3, 2024
Professional Services, Entertainment, Business, Communications, General Entertainment, Consulting, Public Relations, Investor Relations, Microsoft, Spotify, The Walt Disney Company, Confidentiality, ValueAct Capital, The New York Times, Adobe, Salesforce, Capital, Film industry

The Walt Disney Company (NYSE: DIS) and ValueAct Capital Management, L.P. have entered into a confidentiality agreement that enables the company to provide information to the investment firm and consult with ValueAct on strategic matters, including through meetings with the Disney Board and management.

Key Points: 
  • The Walt Disney Company (NYSE: DIS) and ValueAct Capital Management, L.P. have entered into a confidentiality agreement that enables the company to provide information to the investment firm and consult with ValueAct on strategic matters, including through meetings with the Disney Board and management.
  • ValueAct has extensive experience investing in media and technology companies navigating significant business transformations, including Spotify, The New York Times, 21st Century Fox, Nintendo, Microsoft, Adobe and Salesforce.
  • As legacy technologies transition to digital platforms, we believe Disney can lead the media industry forward.
  • ValueAct has confirmed it will support the Disney Board of Directors’ recommended slate of nominees for election to the Board at the 2024 Annual Meeting.

Glass Lewis Unanimously Supports ValueAct Proposals: Recommends Shareholders Vote AGAINST Five Seven & i Nominees and FOR All Four of ValueAct's Nominees

Retrieved on: 
Tuesday, May 16, 2023
Business, Energy and Industrial Strategy Committee, Hold Tight (Justin Bieber song), Note, FOR, Nomination, Institutional Shareholder Services, ISS, Dragon (magazine), Glass Lewis, Seven & I Holdings, ValueAct Capital, 7-Eleven, Risk, Annual general meeting, Chairperson, Proxy, TSR, Security (finance), Holding company, Management, Shareholder

SAN FRANCISCO, May 15, 2023 /PRNewswire/ -- ValueAct Capital ("ValueAct"), a global investment firm that has been a major shareholder of Seven & i Holdings ("Seven & i" or "the Company") since 2020, today announced that Glass Lewis & Co. ("Glass Lewis"), a leading proxy and corporate governance advisory firm, has recommended that Seven & i shareholders vote AGAINST five of Seven & i's Director Nominees and FOR all four of ValueAct's highly qualified Director Nominees to elect them to Seven & i's Board of Directors at the upcoming 2023 Annual Meeting of Stockholders ("2023 Annual Meeting").

Key Points: 
  • Glass Lewis's report follows a report from Institutional Shareholder Services ("ISS"), which also recognized the need for significant board changes at Seven & i.
  • On May 9, 2023, ISS issued a report with unanimous support for ValueAct's proposals and recommendation that shareholders vote AGAINST five of Seven & i's nominees and FOR all four of ValueAct's Nominees.
  • ValueAct issued the following statement today:
    "We are pleased that Glass Lewis has joined ISS in recognizing the strength of ValueAct's highly qualified nominees, who will bring about much needed change on the Seven & i Board.
  • We urge all shareholders to follow Glass Lewis and ISS's recommendations by voting AGAINST five of Seven & i's Director Nominees and FOR all four of ValueAct's Director Nominees."

ISS Unanimous Support for ValueAct Proposals: Recommends Shareholders Vote AGAINST Five of Seven & i's Nominees and FOR All Four of ValueAct's Nominees

Retrieved on: 
Tuesday, May 9, 2023
Hold Tight (Justin Bieber song), FOR, Institutional Shareholder Services, ISS, Dragon (magazine), Research, Seven & I Holdings, ValueAct Capital, 7-Eleven, Acquisition, FTC, Annual general meeting, Chairperson, Proxy, Chair, Management, Security (finance), Holding company, Audit, Shareholder

SAN FRANCISCO, May 9, 2023 /PRNewswire/ -- ValueAct Capital ("ValueAct"), a global investment firm that has been a major shareholder of Seven & i Holdings ("Seven & i" or "the Company") since 2020, today announced that Institutional Shareholder Services ("ISS"), a leading proxy and corporate governance advisory firm, has recommended that Seven & i shareholders vote AGAINST five of Seven & i's Director Nominees and FOR all four of ValueAct's highly qualified Director Nominees to elect them to Seven & i's Board of Directors at the upcoming 2023 Annual Meeting of Stockholders ("2023 Annual Meeting").

Key Points: 
  • ValueAct issued the following statement:
    "We are pleased ISS has recognized that ValueAct's highly qualified nominees are the right choice for the Seven & i Holdings Board of Directors.
  • A vote for ValueAct's nominees will deliver what shareholders have requested for years – an objective Strategic Review, a careful President Succession process, strengthened governance practices, and the appointment of an independent Chair.
  • We urge shareholders to follow ISS's recommendation by voting AGAINST five of Seven & i's Director Nominees and FOR all four of ValueAct's Director Nominees."
  • "The company can be seen as a strong Japanese C-store business that hides several underperforming businesses...

Insight’s Amplify Conference Emphasizes the Power of a Solutions Integrator to Accelerate Modern Business

Retrieved on: 
Friday, February 3, 2023
Apps, Applications, Technology, Mobile, Wireless, Security, Other Technology, Software, Networks, Internet, Data Management, Organization, Amplification, HPI, Sports Illustrated, ValueAct Capital, Dell Technologies, Microsoft, Artificial intelligence, Appetite, Intelligence, Intel, NSIT, Apple, VMware, Insight Enterprises, HPE, Enterprise, Risk management, Insight, The New York Times

The event’s “Beyond” theme emphasized how Insight is delivering on its bold ambition to define a new industry category as the leading solutions integrator, helping organizations accelerate transformation by unlocking the power of people and technology.

Key Points: 
  • The event’s “Beyond” theme emphasized how Insight is delivering on its bold ambition to define a new industry category as the leading solutions integrator, helping organizations accelerate transformation by unlocking the power of people and technology.
  • A solutions integrator provides all-in-one digital transformation expertise, solving modern business problems through innovation in cloud, edge, data, artificial intelligence and cybersecurity that weaves together the best IT services, hardware and software from the world’s top technology providers in an easily consumable way.
  • “Insight provides a comprehensive skillset combining deep technical expertise with an ability to globally source the hardware and software required to power innovation.
  • Key Insight partners presenting at Amplify included Microsoft, HPI, Dell Technologies, Apple, Intel, HPE and VMware.

Yext Appoints Evan Skorpen to its Board of Directors

Retrieved on: 
Tuesday, October 4, 2022
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Yext, Inc. (NYSE: YEXT), the Answers Company, today announced that it has appointed Evan Skorpen as an independent director on Yexts Board of Directors effective immediately.

Key Points: 
  • Yext, Inc. (NYSE: YEXT), the Answers Company, today announced that it has appointed Evan Skorpen as an independent director on Yexts Board of Directors effective immediately.
  • View the full release here: https://www.businesswire.com/news/home/20221004006063/en/
    Mr. Skorpen is a Partner and Public Portfolio Manager at Lead Edge Capital, a growth-stage investment fund.
  • Were thrilled to welcome him to Yexts Board of Directors and look forward to his insights and contributions.
  • Im looking forward to being part of Yexts continued success with my role on the Board, said Evan Skorpen.

Insight’s Mastery Conference Draws 900 Technical Experts to Phoenix

Retrieved on: 
Tuesday, August 23, 2022
5G, Software, Networks, Internet, Hardware, Data Management, Technology, Mobile, Wireless, Software, Nikola Corporation, Technology, VMware, Dell Technologies, Microsoft, NASDAQ, Forbes, Solution, Fortinet, Insight Enterprises, Skill, ValueAct Capital, Enterprise, HPE, Organization, Goal, NetApp, Architecture, NSIT, Automation, Veeam, AWS, Industry, Acquisition, Management, Insight

Insight Enterprises (NASDAQ:NSIT), a Fortune 500 solutions integrator helping organizations accelerate their digital journey, brought more than 900 of its technical thought leaders and industry experts to Phoenix last week for the companys sixth-annual Mastery conference.

Key Points: 
  • Insight Enterprises (NASDAQ:NSIT), a Fortune 500 solutions integrator helping organizations accelerate their digital journey, brought more than 900 of its technical thought leaders and industry experts to Phoenix last week for the companys sixth-annual Mastery conference.
  • Our clients are looking to be ambitious about delivering better digital experiences while making the best use of their resources.
  • Today, Insight fields a global team of more than 5,000 deep technical experts spanning multiple disciplines in hardware, software and digital transformation services.
  • Including the acquisition of Hanu Software Solutions in June, Insight has added more than 700 technical experts in 2022.

Psychemedics Announces Two New Director Nominees for its 2022 Annual Meeting of Stockholders and Director Walter S. Tomenson, Jr.’s Retirement after More than 20 Years of Dedicated Service

Retrieved on: 
Thursday, June 9, 2022
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As a result of these new nominations, Mr. Tomensons retirement and the existing director nominees, the Board will be increased to six members at the 2022 Annual Meeting.

Key Points: 
  • As a result of these new nominations, Mr. Tomensons retirement and the existing director nominees, the Board will be increased to six members at the 2022 Annual Meeting.
  • The Board also wishes to recognize and thank Walter for his thoughtful leadership, dedication and many contributions over the years serving Psychemedics and its stockholders,Mr.
  • The new nominations are pursuant to a Cooperation Agreement, which the Company has entered into with certain entities affiliated with Mr. Kamin, including 3K Limited Partnership.
  • These Kamin affiliated entities together constitute the Companys largest stockholder, beneficially owning approximately 11.1% of the Companys outstanding shares of common stock.