Lakeview Investment Group & Trading Company, a shareholder of Forward Air (FWRD) Corp., announced its plans to withhold support for three incumbents at the company’s 2025 annual meeting of shareholders: George Mayes, Jr., Javier Polit and Laurie Tucker. Lakeview agrees with the conclusions reached by other investors and the two leading proxy advisory firms, which affirmed there is a need to remove long-standing directors with histories of voting for value-destructive acquisitions. In addition, Lakeview urges the board of directors to avoid further investor unrest by carrying out an accelerated strategic review that results in a sale at a meaningful premium.
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