Cannae Holdings Faces Shareholder Activism Over Board Nominees

Reuters12-01

Cannae Holdings Faces Shareholder Activism Over Board Nominees

Cannae Holdings Inc. has been the focus of shareholder activism ahead of its annual meeting scheduled for December 12. Investment firm Carronade is seeking to elect its own slate of director nominees to the company's board, aiming for significant influence including the formation of a new Strategic Review Committee with a majority of Carronade's nominees. Cannae's board has responded by urging shareholders to vote for its own four director nominees-Erika Meinhardt, Barry B. Moullet, James B. Stallings, Jr., and Frank P. Willey-citing their public company leadership and governance experience. The company has expressed concerns that Carronade's nominees, including Chérie Schaible and Dennis Prieto, lack relevant experience in public company leadership and investment oversight, emphasizing that their backgrounds in distressed debt and restructuring do not align with Cannae's long-term growth strategy. The outcome of the vote will determine the composition of Cannae's board and potentially its strategic direction.

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: 20251130936423) on December 01, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2588220027?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-01 20:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2588220027","market":"us","top_or_hot":-1,"title":"Cannae Holdings Faces Shareholder Activism Over Board Nominees","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Cannae Holdings Faces Shareholder Activism Over Board Nominees\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Cannae Holdings Inc. has been the focus of shareholder activism ahead of its annual meeting scheduled for December 12. Investment firm Carronade is seeking to elect its own slate of director nominees to the company's board, aiming for significant influence including the formation of a new Strategic Review Committee with a majority of Carronade's nominees. Cannae's board has responded by urging shareholders to vote for its own four director nominees-Erika Meinhardt, Barry B. Moullet, James B. Stallings, Jr., and Frank P. Willey-citing their public company leadership and governance experience. The company has expressed concerns that Carronade's nominees, including Chérie Schaible and Dennis Prieto, lack relevant experience in public company leadership and investment oversight, emphasizing that their backgrounds in distressed debt and restructuring do not align with Cannae's long-term growth strategy. The outcome of the vote will determine the composition of Cannae's board and potentially its strategic direction.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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: 20251130936423) on December 01, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cannae Holdings Faces Shareholder Activism Over Board Nominees</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCannae Holdings Faces Shareholder Activism Over Board Nominees\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-12-01 20:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Cannae Holdings Faces Shareholder Activism Over Board Nominees\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Cannae Holdings Inc. has been the focus of shareholder activism ahead of its annual meeting scheduled for December 12. Investment firm Carronade is seeking to elect its own slate of director nominees to the company's board, aiming for significant influence including the formation of a new Strategic Review Committee with a majority of Carronade's nominees. Cannae's board has responded by urging shareholders to vote for its own four director nominees-Erika Meinhardt, Barry B. Moullet, James B. Stallings, Jr., and Frank P. Willey-citing their public company leadership and governance experience. The company has expressed concerns that Carronade's nominees, including Chérie Schaible and Dennis Prieto, lack relevant experience in public company leadership and investment oversight, emphasizing that their backgrounds in distressed debt and restructuring do not align with Cannae's long-term growth strategy. The outcome of the vote will determine the composition of Cannae's board and potentially its strategic direction.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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: 20251130936423) on December 01, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4176","symbol_name":"多领域控股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251201:nNDLc0SDMb:1","article_id":"2588220027","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588220027","pubTimestamp":1764592255,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Cannae Holdings Inc. has been the focus of shareholder activism ahead of its annual meeting scheduled for December 12. Investment firm Carronade is seeking to elect its own slate of director nominees to the company's board, aiming for significant influence including the formation of a new Strategic Review Committee with a majority of Carronade's nominees. Cannae's board has responded by urging shareholders to vote for its own four director nominees-Erika Meinhardt, Barry B. Moullet, James B. Stallings, Jr., and Frank P. Willey-citing their public company leadership and governance experience. The company has expressed concerns that Carronade's nominees, including Chérie Schaible and Dennis Prieto, lack relevant experience in public company leadership and investment oversight, emphasizing that their backgrounds in distressed debt and restructuring do not align with Cannae's long-term growth strategy. The outcome of the vote will determine the composition of Cannae's board and potentially","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4176":"多领域控股","CNNE":"Cannae Holdings, Inc."},"translate_title":"Cannae Holdings面临股东对董事会提名的激进主义","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CNNE":0.9},"content_text":"Cannae Holdings Faces Shareholder Activism Over Board Nominees\n    \n\n        Cannae Holdings Inc. has been the focus of shareholder activism ahead of its annual meeting scheduled for December 12. Investment firm Carronade is seeking to elect its own slate of director nominees to the company's board, aiming for significant influence including the formation of a new Strategic Review Committee with a majority of Carronade's nominees. Cannae's board has responded by urging shareholders to vote for its own four director nominees-Erika Meinhardt, Barry B. Moullet, James B. Stallings, Jr., and Frank P. Willey-citing their public company leadership and governance experience. The company has expressed concerns that Carronade's nominees, including Chérie Schaible and Dennis Prieto, lack relevant experience in public company leadership and investment oversight, emphasizing that their backgrounds in distressed debt and restructuring do not align with Cannae's long-term growth strategy. The outcome of the vote will determine the composition of Cannae's board and potentially its strategic direction.\n      \n\nDisclaimer: 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: 20251130936423) on December 01, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding,event","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2588220027","isCrawlerRequest":true}