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Scully Royalty’s New Board Fires CEO Samuel Morrow After Contentious Power Struggle

Story Highlights
  • New Scully Royalty board removed CEO Samuel Morrow on January 12, 2026.
  • Board asserts shareholder mandate, assumes operations and reviews governance after leadership clash.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Scully Royalty’s New Board Fires CEO Samuel Morrow After Contentious Power Struggle

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Scully Royalty ( (SRL) ) just unveiled an update.

On January 12, 2026, MILFAM LLC announced that the newly elected board of directors of Scully Royalty Ltd., which gained control following the December 27, 2025 annual general meeting, has terminated for cause CEO, CFO and President Samuel Morrow and revoked all of his authority over the company and its subsidiaries, with the board assuming day‑to‑day operations while it searches for new executive leadership. The move follows a contested transition in which the outgoing directors and Morrow reportedly refused to recognize or cooperate with the new board despite it securing support from shareholders representing about 59% of outstanding shares, and the new chairman, Skyler Wichers, signaled that the board is prepared to pursue litigation to enforce the shareholder mandate and will review company operations, including existing litigation with Raiffeisen Bank International, in a bid to reassert control, protect shareholder interests and reset governance after a period of internal conflict.

The most recent analyst rating on (SRL) stock is a Hold with a $9.00 price target. To see the full list of analyst forecasts on Scully Royalty stock, see the SRL Stock Forecast page.

Spark’s Take on SRL Stock

According to Spark, TipRanks’ AI Analyst, SRL is a Neutral.

The score is held back primarily by deteriorating fundamentals—sharp revenue contraction, a swing to a large net loss, and negative operating/free cash flow—despite a comparatively solid equity-heavy balance sheet. Technical indicators are moderately supportive with the stock trading above major moving averages and a positive MACD, while valuation is mixed due to a negative P/E offset partly by a ~3.1% dividend yield.

To see Spark’s full report on SRL stock, click here.

More about Scully Royalty

Scully Royalty Ltd., listed on the NYSE under the ticker SRL, is a foreign private issuer with operations overseen from offices in Shanghai, China; the company is structured around a board-governed corporate framework and is currently the focus of significant shareholder-driven governance changes, though the release does not detail its specific operating industry or core products and services.

Average Trading Volume: 16,645

Technical Sentiment Signal: Buy

Current Market Cap: $128.1M

For detailed information about SRL stock, go to TipRanks’ Stock Analysis page.

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