ISS recommends Matthews International investors elect all 3 activist candidates

Matthews International

07/02/2025 24:17

NEW YORK, Feb 6 (Reuters) - Proxy advisory firm
Institutional Shareholder Services on Thursday recommended that
Matthews International  MATW.O  shareholders elect all three of
activist investor Barington Capital's director nominees to the
company's board.
    ISS argued the nominees, including Barington founder James
Mitarotonda, would bring valuable perspective to the casket
maker's 11-member board. Shareholders will elect directors on
February 20 unless the two sides reach an agreement beforehand.

 (Reporting by Svea Herbst-Bayliss; Editing by Sandra Maler)
 ((svea.herbst@thomsonreuters.com; +617 233 2138; Reuters
Messaging: svea.herbst.thomsonreuters.com@reuters.net))