Ides Capital Management Advocates For Monro's Board To Satisfy Need For Independent Directors With Automotive Industry Operational Experience; Urges Board To Create Strategic Review Committee To Receive, Explore Opportunities To Maximize Shareholder Value
Portfolio Pulse from Benzinga Newsdesk
Ides Capital Management is urging Monro's board to appoint independent directors with automotive industry experience and create a strategic review committee to explore opportunities for maximizing shareholder value.

May 19, 2023 | 12:08 pm
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Ides Capital Management's advocacy for changes in Monro's board and the creation of a strategic review committee may lead to increased shareholder value.
Ides Capital Management is advocating for the appointment of independent directors with automotive industry experience and the creation of a strategic review committee to explore opportunities for maximizing shareholder value. If Monro's board takes these suggestions into consideration, it may lead to better decision-making and increased shareholder value in the short term.
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IMPORTANCE 75
RELEVANCE 100