other material
confidence high
sentiment neutral
materiality 0.60
Curtiss-Wright resolves proxy contest; Saddle Point withdraws nominees and proposals
CURTISS WRIGHT CORP
- Saddle Point Management withdrew its shareholder proposals and director nominees for the 2022 Annual Meeting.
- Agreement announced March 9, 2022; no financial terms disclosed.
- CEO Lynn Bamford cited continued Board refreshment focus on Defense portfolio exposure.
- Saddle Point CEO cited constructive dialogue and global hostilities as reasons for withdrawal.