Cannae Shareholders Elect Activist-Backed Nominees, Reject Say on Pay
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Cannae Holdings Inc.'s 2025 Annual Meeting saw shareholders elect activist-backed nominees Mona Aboelnaga and Chérie Schaible to the Board, surpassing the company's own nominees. Shareholders also rejected the "Say on Pay" proposal, reflecting a mandate for change and improved governance. This outcome, driven by Carronade Capital Master, LP, highlights a push for increased board independence and better capital allocation.
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