Matthews International (MATW): Barington Capital Demands Board Refresh, CEO Change, and Stronger Governance After 18 Years of Value Destruction

Summary

Barington Capital Group is urging shareholders of Matthews International Corp to support its three board nominees at the 2025 annual meeting, citing poor company performance and weak governance. It criticizes the board for resisting change and making last-minute governance adjustments to block shareholder input. Barington believes new, independent directors are needed to improve accountability and drive long-term value.

Company Name: MATTHEWS INTERNATIONAL CORP
Symbol: MATW
Filing Date: Jan-22-2025
Filer Name: BARINGTON CAPITAL GROUP, L.P.

Source:

https://www.sec.gov/Archives/edgar/data/63296/000092189525000130/ex1dfan14a06204013_012225.pdf

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