Carronade Capital Pushes for Board Overhaul at Cannae Holdings Ahead of Shareholder Vote

Reuters
2025.12.10 14:02
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Carronade Capital, a major shareholder of Cannae Holdings, is pushing for a board overhaul ahead of the 2025 Annual Meeting. They propose four new director nominees, urging shareholders to vote using the GOLD proxy card. Proxy advisory firms support Carronade's nominees, citing potential for improved governance. Carronade criticizes the current board for underperformance and negative returns.