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Forward Air Shareholder Lakeview Plans to Withhold Support for Chairman, Directors at Annual Meeting
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Forward Air Shareholder Lakeview Plans to Withhold Support for Chairman, Directors at Annual Meeting
Jun 5, 2025 2:32 PM

05:26 PM EDT, 06/05/2025 (MT Newswires) -- Forward Air ( FWRD ) shareholder Lakeview Investment Group & Trading said late Thursday it intends to withhold support for the company's chairman, George Mayes Jr., and directors Javier Polit and Laurie Tucker at the company's 2025 annual shareholder meeting.

Lakeview Investment Group & Trading said it concurs with the view of other investors and two leading proxy advisory companies that there is a requirement to remove long-standing directors with "histories of voting for value-destructive acquisitions."

Lakeview said it also urges the board to prevent further investor unrest by conducting an accelerated strategic review for sale at a "meaningful premium."

Forward Air ( FWRD ) didn't immediately respond to a request for comment from MT Newswires.

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