Hestia Capital Nominates Seven Highly Qualified, Independent Candidates for Election to Pitney Bowes’ Long-Tenured, Underperforming Board of Directors | January 23, 2023
January 23, 2023
Hestia Capital announced that it has nominated seven highly qualified and independent candidates for election to the Pitney Bowes' nine-member Board of Directors at the Company’s 2023 Annual Meeting…
Hestia Capital Announces Intent to Overhaul Pitney Bowes’ Board of Directors Following 10+ Years of Significant Value Destruction Under Chair Michael Roth and CEO Marc Lautenbach
December 12, 2022
Hestia Capital Management, LLC (collectively with its affiliates, “Hestia” or “we”), which is the third largest stockholder of Pitney Bowes, Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”) with a…
Exclusive: Hestia seeks to take control of Pitney Bowes board, oust CEO
December 12, 2022
NEW YORK, Dec 12 (Reuters) - Hestia Capital Partners LP plans to overhaul the board of shipping and mailing company Pitney Bowes Inc (PBI.N) and replace its chief executive and chair, according to a…
HFM US Performance Awards 2021: Shortlist Announced
September 27, 2021
(HFM Connect) – Now in their 15th year, the HFM US Performance Awards bring together the entire industry to recognise and celebrate the best performing hedge funds, CTAs and FoHFs in Europe. All…
Exclusive: GameStop’s strong stock performance triggered board director’s exit
April 8, 2021
(Reuters) – Hestia Capital Partners LP managing director Kurt Wolf joined GameStop Corp’s board to make the U.S. video game retailer more valuable. Then it became too valuable for him to stay on.
GameStop: How a 2020 Shareholder Coup Could Transform the Company Forever
February 23, 2021
(IGN) – Once upon a time, GameStop was the place to go to buy a video game in the United States. Long before the days of easy digital storefronts and online retailers like Amazon, GameStop enjoyed…
Two Small-Time Investors Were Buying GameStop Stock Before It Was Cool
February 2, 2021
(GameStop) – Last spring, when GameStop Corp. was just a struggling videogame retailer and before Reddit took it to the moon, two small money managers teamed up in an audacious bid to shake up its…
Permit Capital And Hestia Capital Nominees Paul J. Evans And Kurtis J. Wolf Elected To GameStop Board Based On Preliminary Voting Results
June 12, 2020
(PRNewswire) – Hestia Capital Partners LP ("Hestia"), Permit Capital Enterprise Fund, L.P. ("Permit") and their affiliates (the "Investor Group"), who beneficially own approximately 7.3% of the…
Investor Group Urges Stockholders to Vote for Change at GameStop’s 2020 Annual Meeting by Electing Its Two Stockholder-Aligned Directors
April 27, 2020
(PRNewswire) – Hestia Capital Partners LP, Permit Capital Enterprise Fund, L.P. and their affiliates (the "Investor Group"), who beneficially own approximately 7.2% of the outstanding common stock of…