Iss recommends huntsman shareholders vote starboard's blue proxy card

Concludes that starboard has made a "compelling case" that change is required on the board to "address concerns with management accountability and ensure that the interests of shareholders are prioritized" recommends huntsman shareholders vote to elect starboard's nominees – james gallogly  and jeffrey smith - at upcoming annual meeting on starboard's blue proxy card believes the addition of starboard's nominees is warranted to "enhance oversight" and bring an " independent presence that is unquestionably aligned with shareholders" agrees with starboard that the board has overseen a troubling history of operating and share price underperformance, poor corporate governance practices and failed commitments to huntsman shareholders highlights concerns with the board's "defensive posture" and recent shareholder-unfriendly tactics, noting that the board's actions are "challenging to reconcile with the best interests of shareholders" states that the board's "previous refreshment efforts had been insufficient" and recognizes that starboard's involvement likely prompted the recent board changes starboard urges all shareholders to vote the blue proxy card to support the election of all four of starboard's highly qualified nominees new york, march 14, 2022 /prnewswire/ -- starboard value lp (together with its affiliates, "starboard" or "we"), one of the largest shareholders of huntsman corporation (nyse: hun) ("huntsman," "hun," or the "company"), with an ownership interest of approximately 8.8% of the company's outstanding shares, today announced that institutional shareholder services inc. ("iss"), a leading independent proxy voting advisory firm, has recommended that huntsman shareholders vote on starboard's blue proxy card to elect starboard nominees, james l. gallogly and jeffrey c.
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