CEO Ouster
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Eminence Capital Urges GPK Shareholders to Scrutinize Board’s Misleading Statements in Open Letter
Eminence Capital criticizes Graphic Packaging’s board for what it calls a “misleading” ouster of CEO Mike Doss. The firm argues Doss strategically positioned the company for success, and recent stock declines are due to industry headwinds, not his leadership. Eminence questions the board’s packaging experience and refutes claims about new CEO Robbert Rietbroek’s past performance, citing significant issues in his previous roles. Eminence urges shareholders to demand Doss’s reinstatement.