Matthews International Corporation
MATWReporting person: Barington Companies Equity Partners, L.P.(fund)
Barington seeks board seats at Matthews International with two director nominees
What's being contested
Dissident slate (2)
- Chan W. Galbato
- James Mitarotonda
Primary demands
- board refreshment
- meaningful board reconstitution
- election of nominees with financial and turnaround expertise
No advisor data on record for this deal.
Barington Companies Equity Partners, L.P. and affiliates, beneficial owners of approximately 3.2% of Matthews International Corporation's Class A Common Stock, are soliciting proxies to elect two director nominees (Chan W. Galbato and James Mitarotonda) at the 2026 annual meeting of shareholders. Barington is using a universal proxy card to nominate two directors while not opposing two of the Company's nominees for a total slate of four directors. The dissident supports the Company's proposals to declassify the board, adopt majority voting in director elections, and eliminate supermajority voting requirements, but opposes advisory compensation voting.