Key Summary: Between December 11-13, 2024, Q Investments urged the board to address management turnover, poor communication, and underperformance, recommending leadership changes and a faster review of strategic alternatives. Following these discussions, Shackelton and Samant resigned on December 13. While acknowledging progress, Q Investments calls for replacing two more directors, appointing a new chair, and tackling shareholder value destruction, with the stock down 59% this year.Q Investments Demands Strategic and Leadership Reforms at ModivCare (MODV)
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