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Requests review of operating strategy, corporate governance practices and executive compensation.
January 25, 2019
By: Christine Esposito
Editor-in-Chief
Marathon Partners Equity Management, LLC, the New York-based investment firm that owns approximately 8.6% of the common stock of e.l.f. Beauty, Inc., has delivered a letter to the beauty company’s board of directors urging them to undertake a comprehensive review of the company's operating strategy, corporate governance practices and executive compensation. In its letter to the board, Marathon Partners outlines a number of recommendations, including cost rationalization, corporate govern...
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