Is Elliot still a major investor in CCI? Can someone confirm please
1 reply
The guy Elliott Mgmt pushed to Crown's board of directors is still on, so yes. Go on the board of directors website and you'll see him under initials JG.
Elliott Mgmt also recently ousted Starbucks CEO who left and Starbucks then had to poach Chipotle's CEO, BR.
Elliott is known for making companies restructure due to their reputation as being "activist investors" where they buy a minority stake in a publicly traded company in order to change how it is run.