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GrafTech Turmoil: Shareholder vs. Board
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GrafTech International Ltd. faces internal turmoil as shareholder criticizes directors for not tackling existential issues. Proxy advisory firm ISS acknowledges value destruction but supports current Board over shareholder's bid for change. Shareholder Nilesh Undavia, advocating his industry expertise, contests current directors' efficacy in addressing company challenges amid poor earnings performance.
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How might GrafTech's internal conflict impact its future strategic decisions and shareholder value?
In what ways could shareholder activism like Undavia's influence corporate governance and performance?
What factors contribute to ISS supporting the current Board despite acknowledged value destruction?
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