GreenWood

ISS and Glass Lewis Both Recommend FOR the GreenWood Minority Shareholder Slate at the Leonardo Annual Meeting

Retrieved on: 
Wednesday, April 26, 2023
Consulting, Asset Management, Professional Services, Finance, Slate, Re T&D Industries plc, McKinsey & Company, Wood, Glass Lewis, A&D, CIO, Glass, GE Power, ISS, D, Security (finance), Audit, Dimension stone, GreenWood

GreenWood Investors LLC (“GreenWood”), today announced that Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co. (“Glass Lewis”), the two leading independent proxy advisory firms, have each recommended Leonardo S.p.A.’s (“Leonardo”) shareholders vote “FOR” the GreenWood minority slate of 4 nominees (the “GreenWood slate”) at Leonardo’s Annual Meeting of Shareholders on May 8 and 9, 2023.

Key Points: 
  • GreenWood Investors LLC (“GreenWood”), today announced that Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co. (“Glass Lewis”), the two leading independent proxy advisory firms, have each recommended Leonardo S.p.A.’s (“Leonardo”) shareholders vote “FOR” the GreenWood minority slate of 4 nominees (the “GreenWood slate”) at Leonardo’s Annual Meeting of Shareholders on May 8 and 9, 2023.
  • GreenWood is pleased that both of the leading independent proxy advisory firms have recognized that the GreenWood slate would add significant value to the Leonardo Board.
  • Both firms appreciate that the GreenWood slate will enhance the Leonardo Board by adding directors with critical capital allocation, cross-border, and operational excellence skillsets.
  • In its report, ISS affirmed the case for the GreenWood slate, stating:
    ISS noted that “GreenWood's list includes Giancarlo Ghislanzoni, former senior partner at McKinsey, who led McKinsey's EMEA Organizational Practice and EMEA Advanced Industries Sector, including A&D Industry.

GreenWood Investors Announces Leonardo Minority Board Slate for 2023 Annual Meeting of Shareholders

Retrieved on: 
Friday, April 21, 2023
Asset Management, Professional Services, Finance, Wood, Leonardo S.p.A., CIO, GreenWood, A&D, Security (finance)

GreenWood Investors LLC and other like-minded Leonardo shareholders filed with Leonardo S.p.A. (the “Company”), a minority slate of 4 nominees (the “GreenWood slate”) for election to the Company’s Board of Directors (the “Board”) at the forthcoming Shareholders’ Meeting.

Key Points: 
  • GreenWood Investors LLC and other like-minded Leonardo shareholders filed with Leonardo S.p.A. (the “Company”), a minority slate of 4 nominees (the “GreenWood slate”) for election to the Company’s Board of Directors (the “Board”) at the forthcoming Shareholders’ Meeting.
  • In addition, GreenWood has published a presentation, The Right Experience at the Right Time , detailing its rationale for proposing the GreenWood slate.
  • The GreenWood slate directors also bring deep knowledge of Leonardo and significant experience in the aerospace and defense (A&D) industry.
  • Steven Wood, Founder and CIO of GreenWood Investors, commented, “GreenWood has been a long-term, collaborative, and supportive Leonardo shareholder starting in 2014.