Today J&T MS 1 SICAV (together with its affiliates, “J&T”), which owns approximately 14.3% of Venator Materials Plc (“Venator” or the “Company”) (NYSE: VNTR), making it the Company’s second-largest shareholder, sent a public letter to Venator’s Board of Directors (the “Board”). The letter outlines J&T’s concerns regarding the Board’s apparent unwillingness to meaningfully engage with J&T, as well as the Company’s stark financial and stock price underperformance and apparent lack of strategic direction. J&T also stresses that the incumbent Board appears to have squandered its credibility with investors and should not be trusted to chart the course forward for Venator without additional independent shareholder representation.
J&T Sends Public Letter to Venator Materials Board Highlighting Urgent Case for Boardroom Change
Jan 10, 2023
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