Irenic expresses governance concerns pertaining to forward air corporation

New york--(business wire)--irenic capital management, lp (collectively with its affiliates, “irenic” or “we”) today issued the below statement regarding forward air corporation (nasdaq: fwrd) (“forward air” or the “company”). irenic intends to vote against certain legacy members of forward air's board of directors (the “board”) at the 2025 annual meeting of shareholders (“annual meeting”). "based on irenic's independent analysis, we agree with ancora holdings group's decision to withhold suppor.
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