Cannae Holdings Faces Shareholder Activism Over Board Election

Reuters
2025.12.02 12:00
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Cannae Holdings Inc. is facing shareholder activism as investment group Carronade nominates its own directors for the 2025 Annual Meeting. Cannae's Board warns that Carronade's nominees lack experience and could disrupt the company's strategy. The Board urges shareholders to vote for its nominees using the WHITE proxy card, emphasizing its commitment to long-term value creation. This news was generated by Public Technologies using AI and is based on Cannae's original content published via Business Wire.

Cannae Holdings Inc. is facing shareholder activism ahead of its 2025 Annual Meeting of Shareholders scheduled for December 12, 2025. Investment group Carronade has nominated its own slate of directors, challenging Cannae’s current Board composition. The Cannae Board has voiced concerns that Carronade’s nominees lack relevant experience and could pose significant risks to shareholders by disrupting the company’s long-term strategy and proven investment sourcing model. Cannae has urged shareholders to vote for its own nominees-Erika Meinhardt, Barry B. Moullet, James B. Stallings, Jr., and Frank P. Willey-using the WHITE proxy card. The Board emphasized its ongoing strategic transformation efforts and commitment to long-term value creation for shareholders. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cannae Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251201518894) on December 02, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)