Add your name below if you agree that the Board of Arconic is in desperate need of change:
We, the undersigned, are concerned that the management of Arconic Inc. appears to have used potentially valuable claims to obtain a voting agreement that would serve to entrench the Board and/or management.
Legal claims are assets of the Company and, by extension, its shareholders. The trade of valuable corporate assets in connection with a commercial transaction in exchange for a voting agreement promoting the entrenchment of the Board and/or management is contrary to the basic principles of good corporate governance and should not be tolerated by any Board of Directors.
We hereby call on the Board of Arconic to A) promptly and publicly disclose any and all information relating to the voting agreement in question, and B) dismiss anyone involved in devising, authorizing and/or hiding this agreement from Arconic shareholders.
Arconic employee? Read our letter to employees here: