financetom
Business
financetom
/
Business
/
Proxy advisor Glass Lewis backs SilverBow nominees in Kimmeridge board spat
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Proxy advisor Glass Lewis backs SilverBow nominees in Kimmeridge board spat
May 9, 2024 7:00 AM

May 9 (Reuters) - Proxy advisor Glass Lewis on Thursday

recommended shareholders of SilverBow Resources ( SBOW ) vote

for the company's board nominees, and withhold support for

directors backed by activist investment firm Kimmeridge Energy

Management.

Kimmeridge, the largest shareholder in SilverBow, is aiming

to seat three new independent directors at the oil and gas

producer's annual shareholder meeting on May 21, charging the

company needs to revamp its governance and improve performance.

However, Glass Lewis said it recommended backing the three

director nominees submitted by SilverBow, and shareholders

should withhold votes for the Kimmeridge-supported nominees,

according to a copy of its report seen by Reuters.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Duolingo Insider Sold Shares Worth $2,924,302, According to a Recent SEC Filing
Duolingo Insider Sold Shares Worth $2,924,302, According to a Recent SEC Filing
Apr 9, 2025
04:12 PM EDT, 04/09/2025 (MT Newswires) -- Severin Hacker, 10% Owner, Director, Chief Technology Officer, Co-Founder, on April 07, 2025, sold 10,000 shares in Duolingo ( DUOL ) for $2,924,302. Following the Form 4 filing with the SEC, Hacker has control over a total of 72 Class A Common shares of the company, with 72 shares held directly. SEC Filing:...
Delaware judge rules Newsmax defamed Dominion Voting Systems
Delaware judge rules Newsmax defamed Dominion Voting Systems
Apr 9, 2025
WILMINGTON, Delaware, April 9 (Reuters) - Cable broadcaster Newsmax Media defamed Dominion Voting Systems with its false reporting accusing the voting machine company of rigging the 2020 U.S. presidential election, a Delaware judge ruled on Wednesday. Dominion is seeking $1.6 billion in damages which will be determined by a Delaware jury at a trial that is scheduled to begin on...
Wall Street bosses fear anti-American backlash as Trump's trade war intensifies
Wall Street bosses fear anti-American backlash as Trump's trade war intensifies
Apr 9, 2025
NEW YORK/LONDON (Reuters) - Wall Street bosses are girding for Europe to sideline American investment banks in response to the tariff war unleashed by U.S. President Donald Trump, fearing client boycotts and in a worst-case scenario, even formal restrictions. More than half a dozen senior bankers and advisers told Reuters they are bracing for European Union governments and companies to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved