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Cannell Capital Proposed Board and Compensation Changes in Letter to Chairman and Interim CEO of Sportsman's Warehouse Holdings (SPWH)
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Cannell Capital Proposed Board and Compensation Changes in Letter to Chairman and Interim CEO of Sportsman's Warehouse Holdings (SPWH)

Jul 06, 2024
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Snowball Research
Snowball Research
Cannell Capital Proposed Board and Compensation Changes in Letter to Chairman and Interim CEO of Sportsman's Warehouse Holdings (SPWH)
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Key Summary: On July 25, 2023, Cannell Capital (9.8%) criticized the company's performance, suggesting board changes and rejecting a restrictive Cooperation Agreement. On September 18, they proposed board and compensation changes, citing declining confidence and poor earnings. On April 27, 2023, GAMCO (5.59%) sought board representation.

Market Cap: $135…

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