Apr 22, 2025 activistcompany

Radoff-Torok Group Withdraws Board Nominee Slate for TETRA Technologies' (TTI) 2025 Annual Meeting

Key Summary: On March 24, 2025, the Radoff-Torok Group proposed four independent director candidates and criticize the current board's failure to address strategic, financial, and governance shortcomings, advocating for a focused, profitable business approach. On April 2, 2025, the Radoff-Torok Group determined to withdraw its slate of nominees for election to the Board at the Annual Meeting.

Market Cap: $399 million | TETRA Technologies, Inc., together with its subsidiaries, operates as an energy services and solutions company.

On March 24, 2025, Bradley L. Radoff and Michael Torok ("the Radoff-Torok Group") plan to file a preliminary proxy statement with the SEC, to nominate their slate of directors for 2025 annual meeting. The group, holding over 4.9% cited long-standing underperformance and governance issues, urging board changes to enhance shareholder value. They proposed four independent director candidates and criticize the current board's failure to address strategic, financial, and governance shortcomings, advocating for a focused, profitable business approach. Source

On April 2, 2025, the Radoff-Torok Group determined to withdraw its slate of nominees for election to the Board at the Annual Meeting. Source

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