Committee for Aerojet Rocketdyne Shareholders and Value Maximization Files New Investor Presentation
EL SEGUNDO, Calif., June 7, 2022 /PRNewswire/ -- Eileen Drake (the CEO of Aerojet Rocketdyne (NYSE: AJRD)) and Gen. Kevin Chilton (Ret.), Thomas Corcoran and Gen. Lance Lord (Ret.) (three of its Independent Directors) (collectively, the "Non-Steel Directors") issued the following open letter to the shareholders of Aerojet Rocketdyne Holdings, Inc. ("Aerojet Rocketdyne" or the "Company"):
- (three of its Independent Directors) (collectively, the "Non-Steel Directors") issued the following open letter to the shareholders of Aerojet Rocketdyne Holdings, Inc. ("Aerojet Rocketdyne" or the "Company"):
Aerojet Rocketdyne's shareholders are facing an important decision at the Special Meeting on June 30th. - The Company improved its competitive position, explored value-enhancing alternatives, gained key customer wins and is now positioned to deliver substantial future value to Aerojet Rocketdyne shareholders.
- On the other hand, Warren Lichtenstein (Aerojet Rocketdyne's Executive Chairman) has endeavored to undermine the Company's management and forward momentum.
- We urge Aerojet Rocketdyne shareholders to support the Independent Slate at the upcoming Special Meeting.