To read SpartanNash’s response to a May 2 press release from the Investor Group presented by The Shelby Report, click here. (NYSE: IAA) (IAA or the Company), beneficially owning approximately 2 of the Company’s outstanding common stock. ('Berry' or the 'Company'), with ownership of approximately one percent of. The firm’s comprehensive service offering is complemented by a team that has the expertise and operational structure of a global institution, with the responsiveness and flexibility of a boutique firm. Ancora Holdings Group, LLC (together with its affiliates, Ancora or we) is a meaningful stockholder of IAA, Inc. Ancora Holdings Group LLC (together with its affiliates, 'Ancora' or 'we') is a shareholder of Berry Global Group, Inc. ![]() Examples include The Children’s Place Inc., Citi Trends Inc., Bed Bath and Beyond and Big Lots Inc.įor more information, visit .įounded in 2003, Ancora Holdings Group offers integrated investment advisory, wealth management and retirement plan services to individuals and institutions across the U.S. However, when management is entrenched, Macellum has run proxy contests to effectuate meaningful change. Macellum prefers to engage with management to improve its governance and performance for the benefit of all shareholders. Macellum’s investment team, advisors and network of industry experts draw upon their strategic, operating and boardroom experience to assist companies in designing and implementing initiatives to improve long-term shareholder value. United States Canada UK Hong Kong Japan Australia New Zealand. Macellum invests in undervalued companies that it believes can appreciate in value as a result of a change in corporate strategy or improvements in operations, capital allocation or corporate governance. Here are further demographic highlights of the leadership team: The Ancora Holdings executive team is 27 female and 72 male. The firm's comprehensive service offering is complemented by a dedicated team that has the breadth of expertise and operational structure of a global institution. Macellum Capital Management is an activist investment firm with expertise in the retail and consumer sectors, founded in 2009 by Jonathan Duskin. A partnership of Ancora Real Estate Holdings LLC, and Legal & General Capital, Ancora is a mission-driven company a vertically integrated investor. Ancora Holdings has 15 employees, of which 64 are in a leadership position. offers integrated investment advisory, wealth management and retirement plan services to individuals and institutions across the United States. ![]() The Investor Group is seeking to replace three long-tenured directors who have presided over capital allocation decisions, corporate governance policies, financial and operating results and succession planning. The Investor Group has nominated three independent candidates for election to SpartanNash’s board of directors at the 2022 Annual Meeting of Shareholders. Macellum Advisors GP and Ancora Holdings Group, who beneficially own approximately 4.5 percent of the outstanding common shares of the Grand Rapids, Michigan-based SpartanNash Company, have issued a presentation that details the case for change in the company’s boardroom and summarizes what they say are their three director candidates’ superior qualifications relative to three long-standing incumbents.
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