Activist Campaign At CSX And Arconic; Dissidents Choose Their Preferred Candidates
When an activist decides that a new CEO is the most effective lever of value creation, should they be responsible for determining who fills the role?
At both CSX and Arconic, two noisy current campaigns, the dissidents have chosen their preferred candidates. Perhaps in the case of CSX, if not as surely for Arconic, it would be fair to say that the thesis hangs entirely on the choice of CEO. Hunter Harrison, whom Paul Hilal’s Mantle Ridge has tapped for a repeat of his Canadian Pacific heroics, is after all, the . . .
SORRY!
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible