 |
| Carl Icahn |
Carl Icahn is using Longacre Square Partners in his quest to place two directors on McDonald’s board at its May 26 annual meeting.
The corporate investor has selected Maisie Ganzler of the Bon Appetit Management Co., and Leslie Samuelrich of Green Century Capital Management to support his effort to help the fast-feeder “realize its ESG potential,” especially in the area of animal welfare.
They would replace Richard Lenny, CEO of Hershey Co., and Sheila Penrose, chair of McDonald’s governance, sustainability & corporate social responsibility committee.
Icahn wants McDonald’s to require pork suppliers to move to crate-free production and set timelines for doing so.
The company claims that demand is “completely unfeasible” and would require it to secure 300-400 times more animals housed in crate-free systems to keep its supply chain running.
That would dramatically increase costs and place a burden on the company and its suppliers, according to the company.
Longacre’s Charlotte Kiaie and Bela Kirpalani are working the media for Icahn.
Prosek Partners handles New York’s Tilray Brands, craft beer & cannabis operation, as it acquires BrewDog, a leading British independent beer producer in the UK, for $45M.
Brunswick Group handles Zurich Insurance as it agrees to buy UK-based Beazley specialty insurer in a deal valued at $11B.
FGS Global represents Brink’s as it agrees to acquire NCR Atleos, which relies on Collected Strategies, in a $6.6B cash & stock deal to create a leading fintech infrastructure company. (Updated)
A January article in O’Dwyer’s proposes that in 2026, the strongest financial brands will not simply tell compelling stories—they will “signal readiness.”
C Street Advisory Group is working the Chapter 11 filing of Axip Energy Services as it unloads its nearly all of its assets to deal with a heavy debt load.
