BusinessInvesting

Activist Investor Starboard Takes Position in Keurig Dr Pepper Amid JDE Peet’s Transaction

Starboard Value has reportedly taken a position in beverage giant Keurig Dr Pepper and engaged in discussions with management. The activist investor’s involvement comes as KDP faces shareholder skepticism over its planned merger with JDE Peet’s, which sent shares down 25% upon announcement.

Activist Investor Engagement

According to reports, activist investment firm Starboard Value has taken a position in Keurig Dr Pepper and has held meetings with the company’s management. Sources indicate this engagement comes at a critical juncture for the beverage company as it navigates a controversial transaction with coffee company JDE Peet’s.

BusinessTechnology Governance

Proxy Advisor ISS Urges Tesla Shareholders to Reject Musk’s $1 Trillion Compensation Proposal

Leading proxy adviser ISS has recommended Tesla investors reject Elon Musk’s proposed $1 trillion compensation package ahead of the company’s November 6 annual meeting. The advisory firm expressed concerns about the “astronomical” award size and absence of binding terms to ensure Musk’s continued focus on Tesla amid his other ventures.

Proxy Advisor Opposes Historic Compensation Plan

Institutional Shareholder Services (ISS), a prominent proxy adviser, has recommended that Tesla investors vote against CEO Elon Musk’s proposed $1 trillion compensation package, according to reports released Friday. The advisory firm cited the “striking magnitude” of the award and concerns about its structure as primary reasons for its opposition.