which shall survive any termination of this Agreement) shall terminate immediately after the conclusion of the activities set forth in She is a qualified financial expert. 8. purchase price for the 6,000 Shares reported owned herein by Mr. Cathey is approximately $134,325, excluding brokerage commissions. As such, we have taken the extraordinary step of nominating a full slate of independent director candidates for election to the Board at the upcoming Annual Meeting. Set forth on Schedule A to the Schedule Prior to Donerail, Mr. Calvert worked at Starboard Value and Credit Suisse. parties rights and obligations under this Agreement (other than the rights and obligations set forth in Section 5 and Section 9 You are viewing a preview of this profile. Pivot builds impactful storytelling platforms by offering marketing, e-commerce and operating services to new and existing talent led brands, Prior to Pivot Project, she was Chief Revenue Officer of goop, a wellness and lifestyle brand company founded by actress Gwyneth Paltrow. Accordingly, the Reporting Persons are hereby As of the date hereof, Donerail Master Fund directly beneficially owns 860,816 shares of Common Stock, par value $0.001 per share (the Common Stock), including 275,000 shares of Common Stock underlying call options currently exercisable. We also use them to share usage information with our partners. William Wyatt has been working as a Managing Partner at Donerail Group for 5 years. beneficially owned by Donerail, including 275,000 Shares underlying call options currently exercisable. Media Contact:Craig PollakHead of Strategyand Business Development(646) 817-3398[emailprotected], Cision Distribution 888-776-0942 Each WILLIAM WYATT. purchase price for the 585,816 Shares reported owned herein was approximately $16,194,940. It takes less than ten minutes to set up your company page. William graduated from Tulane University and is . The 1913 Kentucky Derby was the 39th running of the Kentucky Derby. WILLIAM WYATT. 7 is hereby amended to add the following exhibits: Press Release and Letter to Shareholders, dated March 22, 2022. reorganization or similar business combination with one or more businesses, from January 2021 until its merger with Bowlero Corp. (Bowlero) In the meantime, please visit www.ResetTurtleBeach.com to learn more. Conditions: N/W $2,000 (NJSO or N/W L3 $2,200) in Last 5 Starts AE: TMR 68 or Less Who are N/W 4 Races Lifetime Starters in a Class Higher Than N/ W $4,500 (FHLD $5,000) or a Winn LOS ANGELES--(BUSINESS WIRE)--The Donerail Group LP (together with its affiliates, Donerail, we or us), one of the largest shareholders of Turtle Beach Corporation (NASDAQ: HEAR) (Turtle Beach or the Company), today issued the below letter to shareholders regarding its nomination of a full slate of six highly qualified and independent candidates for election to the Companys Board of Directors (the Board) at the 2022 Annual Meeting of Shareholders (the Annual Meeting): It is clear to us that wholesale change is urgently needed in Turtle Beachs boardroom in order to catalyze enhanced value creation. CERTAIN INFORMATION CONCERNING THE PARTICIPANTS. 8 to the Schedule 13D. Donerail and SCW hereby agree to work in good faith to The Chief Operating Officer & Chief Financial Officer at Donerail Group John Weaver is the Chief Operating Officer & Chief Financial Officer at Donerail Group based in New York, New York. wholly owned subsidiary HFA is serving as an alternative asset management firm to various private investment funds. En cliquant sur Refuser tout, vous refusez tous les cookies non essentiels et technologies similaires, mais Yahoo continuera utiliser les cookies essentiels et des technologies similaires. Over the past year, Donerail has conducted extensive due diligence and become one of the largest shareholders of Turtle Beach. William Wyatt, Donerail Founder and Chief Investment Officer said: "We are thrilled to have Craig join our team. We have invested significant time and resources recruiting a world-class slate that can bring the right skills and perspectives to the Board. The filing of this Amendment No. SYSTEMS AND METHODS FOR BARCODING CELLS AND CELL BEADS Publication number: 20220403452 Ms. Kreuzberger earned her B.A. Oct 27 (Reuters) - The Donerail Group LP, an investment firm led by former activist hedge fund Starboard Value LP executive William Wyatt, is pushing Mastercraft Boat Holdings Inc MCFT.O to. meeting of shareholders of the Company (including any other meeting of shareholders held in lieu thereof, and any adjournments, postponements, During her tenure, goop raised over $100 million of funding, experienced hyper growth from 16 to 260+ employees and received a valuation exceeding $300 million, She has extensive experience in growing consumer retail brands. Mr. Jimenez served in various accounting, financial, strategy and merger and acquisitions roles at McDonalds Corporation (NYSE: No. Kimberly or to constitute an indemnification. Ms. Scherping In the event of any dispute arising ckiaie@longacresquare.com / aareopagita@longacresquare.com, Internet Explorer presents a security risk. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. Ms. Scherping was He has diverse M&A, turnaround, and leadership experience in global sales, marketing, product and general management roles, Mr. Wyatt brings capital markets acumen, significant M&A experience, and independent shareholder perspectives to the Donerail slate. 2 is hereby amended and restated to read as follows: (a) price of $12.00 and expired on March 18, 2022. Wyatt is the Managing Partner of Donerail and the Senior Managing Director of the general partner of the Donerail Fund. Suite 3 price of $30.00 and expire on April 14, 2022, as set forth on Schedule B, which is incorporated herein by reference. to nominate director candidates at the Issuers 2022 Annual Meeting of Shareholders (the 2022 Annual Meeting), the as further described in Item 6. business address of HFA and HMC is 2100 Third Avenue North, Suite 600, Birmingham, AL 35203. The aggregate purchase price of the call options, People named William Wyatt. L. Scherping, CPA, CGMA, age 62, currently serves as Chief Executive Officer of KLS Advisors, Inc., a financial and executive leadership Reporting Persons felt compelled to demonstrate their commitment to refreshing the Board in the best interest of all stockholders now The full text of the letter is attached hereto as Exhibit 99.2 and is incorporated herein by reference. Agreement is governed by and will be construed in accordance with the laws of the State of New York. He married Rachel, daughter of Alexander Smith, of Middlesex county. Managing Partner and Chief Investment Officer. For the avoidance [2] With odds of 91-1, winning horse Donerail is the longest odds winner in Kentucky Derby history. (Reuters) - The Donerail Group, an investment firm led by former activist hedge fund Starboard Value LP executive William Wyatt, has built a stake in Mobile Mini Inc. and is pushing the world's largest provider of portable storage solutions to explore a sale, people familiar with the matter said on Wednesday. 240.13d-7 for other parties to whom copies are to be sent. in securities. REQUESTS FOR COPIES SHOULD BE DIRECTED TO THE PARTICIPANTS' PROXY SOLICITOR. partner of Donerail. the chair of the Audit Committee and a member of the Nominating and Governance Committee. NOW, IT IS AGREED, this 21st day of March 2022 by the Donerail made his first career starts as a two-year old in 1912 and did well, winning four of his eighteen races. The Board has allowed management to eschew value creation opportunities while failing to execute on a straight-forward operating plan and consistently misallocating capital. These individuals are not only well-suited to implement a reset at Turtle Beach and better navigate the industry, but they also understand the tenets of sound corporate governance. We are convinced that with the right leadership and strategy in place, Turtle Beach can be a growing industry powerhouse. applicable law pursuant to Rule 13d-1(k)(1)(iii) under the Exchange Act. . resolve any disagreement that may arise between or among them concerning decisions to be made, actions to be taken or statements to be For security purposes, and to ensure that the public service remains available to users, this government computer system employs programs to monitor network traffic to identify unauthorized attempts to upload or change information or to otherwise cause damage, including attempts to deny service to users. The Donerail Group. from 2008 to 2014, Global Director, Marketing & Channel Development for Motorola, Inc. (formerly NYSE: MOT), a multinational telecommunications a Delaware limited partnership, the Donerail Group GP LLC, a Delaware limited liability company, Harbert Fund Advisors, Inc., an Alabama box . All quotes delayed a minimum of 15 minutes. As of the date hereof, Messrs. Jimenez and Stech and Messes. a global media and entertainment company, including as Co-President and member of the Board of Directors from February 2018 to January No. The Donerail Group is a new special situations hedge fund that will invest opportunistically in public equity securities with defined and architected paths to value creation. SUCH PROXY MATERIALS WILL BE AVAILABLE AT NO CHARGE ON THE SEC'S WEB SITE AT HTTP://WWW.SEC.GOV. As of the close of business on March 22, 2022, SCW QP beneficially owned 158,376 Shares. design, functionality, sustainability, and lifestyle, since August 2021. "Turtle Beach is an iconic, industry leader that has been the industry standard for over a decade . other than Mr. Wyatt pursuant to which the Donerail Fund has agreed to indemnify each such Nominee against claims arising from the solicitation the Donerail Fund purchased American-style exchange listed call options referencing an aggregate of 600,000 shares, which had an exercise President of the ZAGG Business Unit from 2016 to July 2017 and Executive Vice President, Global Sales and Marketing from 2014 to 2016. She also served in various positions at QCE, LLC (d/b/a He has worked in the financial services. Issuer, if so elected. Showing 4 of 4 known decision makers at Donerail Group, Preqin screens the most influential contacts in alternatives, so you only reach the key decision makers. filing of Amendment No. Read More John Weaver's Phone Number and Email Last Update 11/9/2022 2:51 AM Email w***@donerail.com Engage via Email Contact Number (310) ***-**** Engage via Phone B and are incorporated herein by reference. Persons specifically disclaims beneficial ownership of the securities reported herein that he or it does not directly own. Unfortunately, we have grown deeply concerned with the Boards willful ignorance of its fiduciary obligations and are rightfully skeptical of managements ability to change the Companys downward trajectory. Each Our Standards: The Thomson Reuters Trust Principles. 49, most recently served as Chief Executive Officer and director at Tribune Publishing Company (formerly NASDAQ: TPCO) (Tribune), Note: We do not offer technical support for developing or debugging scripted downloading processes. and all applicable securities laws. THE DONERAIL GROUP LP. Previously, of the Issuer, (b) to form the Group to solicit proxies or written consents for the election of the Nominees, or any other person(s) nominated Donerail has built an exceptional platform, and I look forward to contributing to its growth.". Craig has also previously served as a Partner and Head of Global Marketing at Ivory Investment Management, a multi-billion dollar value-oriented investment management firm; Chief Financial Officer of Constellation Alpha Capital Corp. a NASDAQ listed acquisition company; Managing Director at Guggenheim Fund Solutions, helping to build the firm's alternative investment infrastructure; Chief Executive Officer of Chapwood Capital, a start-up multi-manager hedge fund platform; Managing Director and Head of New Product Development at FrontPoint Partners; and as Vice President in the Client Strategy Group of the Private Wealth Management department at Morgan Stanley. 8 to the Schedule 13D. ", Craig Pollak added: "It is a privilege to join this extraordinary group of investment professionals at such an exciting time in the life of the firm. company, since July 2020. the undersigned (collectively, the Group) agrees to the joint filing on behalf of each of them of statements on Schedule or any proposed agreement or negotiating position with respect to the Company. She also has over 18 years of experience in executive financial leadership roles and has received multiple awards for her outstanding accomplishments, She is a financial expert with more than 38 years of finance, accounting and managerial experience, Mr. Stech is currently the CEO of Vinci Brands, a privately-held global leader of consumer tech solutions, and was previously the CEO of Incipio Group, Previously, he was President of SteelSeries, a leading global gaming peripherals and esports business that recently was acquired by GN Store Nord in October 2021, Mr. Stech was also President of ZAGG, Inc. (NASDAQ: ZAGG), a global leader in accessories that empower mobile lifestyles, Many Vinci, Incipio Group, ZAGG and SteelSeries brands and products are sold in the same retail partners as Turtle Beach, Mr. Wyatt is the Managing Partner of The Donerail Group LP, an investment management firm, with more than 15 years of experience advising and investing in companies in the retail and consumer sectors, Prior to Donerail, he was a Portfolio Manager at Starboard Value LP, a New York-based investment adviser, where he served as the Head of Event Driven Investments, Mr. Wyatt also served in a variety of investment and leadership roles at Empyrean Capital, Magnetar Capital and Goldman Sachs, Mrs. Kreuzberger founded Pivot Projects, a full-service business partner for celebrity talent. Chief Financial Officer from December 2013 to July 2016. By using this site, you are agreeing to security monitoring and auditing. Donerail Group Location 101 Park Ave Fl 30, New York, New York, 10178, United States Description Industry 10. Trinity has not entered into any transactions in the securities of the Issuer during the past 60 days. Items Prior to this, they were a Portfolio Manager at Starboard Value LP from March 2015 to June 2018. and development, manufacture and sale of a broad range of products in the healthcare field,. 12. This Amendment No. Prior to that, she worked as a Regional Sales Manager at See here for a complete list of exchanges and delays. excluding brokerage commissions. advisory firm, since October 2011. In addition, as the Principal of SCW Management and a Managing Member of Trinity, Mr. Cathey may be deemed to beneficially own the 502,405 shares of Common Stock beneficially owned in the aggregate by the SCW Funds. LOS ANGELES, June 3, 2020 /PRNewswire/ -- The Donerail Group LP ("Donerail") today announced that Craig Pollak has joined the firm as Head of Strategy and Business Development. 5. earned a B.A. Birmingham, Alabama 35203 9 to the Schedule 13D filed by the undersigned (Amendment No. 6. As of the close of business on March 22, 2022, Donerail beneficially owned 860,816 Shares, including 275,000 HFA and HMC are incorporated under the laws of the State of Alabama. a media and publishing company, from January 2020 to June 2021. by nominating its director candidates. Individually and as attorney-in-fact for Wyatt's media investments includes television operator Tribune Media Co. (NYSE: TRCO), which in August withdrew from a merger deal with Sinclair Broadcast Group (Nasdaq: SBGI) and filed a . that sold tobacco and food products, and Senior Product Development for Johnson & Johnson (NYSE: JNJ), which is engaged in the research for Northern Illinois University and is a member of the Economic Club of Chicago. William Wyatt's email address: xxxx@xxx.com | Find William's Email, Social Profiles, and Mutual Contacts both you and William know Each of the Nominees Fund no longer has any exposure to such call options. Fund no longer has any exposure to such put options. Ms. Scherping previously served as Chief Financial Officer of National CineMedia, Inc. (NASDAQ: NCMI), The undersigned further agree that Donerail shall be the primary decision maker The family migrated to Georgia around 1784 with a large number of Virginians who accompanied General George Mathews, hero of the Battle of Brandywine. The position, Donerails first major investment, comes at a time of leadership changes at Phoenix, Arizona-based Mobile Mini, which announced in May that CEO Erik Olsson will become chairman in October. (Reuters) - The Donerail Group, an investment firm led by former activist hedge fund Starboard Value LP executive William Wyatt, has built a stake in Mobile Mini Inc MINI.O and is pushing the world's largest provider of portable storage solutions to explore a sale, people familiar with the matter said on Wednesday. set forth herein. Terry Jimenez, Kimberly Kreuzberger, Katherine L. Scherping, Brian Stech and Michelle D. Wilson. Previously, Mr. Stech served as Chief Executive Officer of Incipio HMC, in its capacity as managing member of the general partner of Donerail, may be deemed the beneficial The AP news staff was not involved in its creation. for the accuracy and completeness of his/her/its own disclosure therein, and is not responsible for the accuracy and completeness of the long as this Agreement is in effect, each of the undersigned shall provide written notice to Olshan Frome Wolosky LLP (Olshan), 1325 Avenue of the Americas. The Donerail team has deep experience making public market and structured investments, benefits from leading institutional fund infrastructure, and has a history of successful special situations and activist investing. as follows: The Shares Purchased by the Donerail Los Angeles, CA 90402 The aggregate purchase price for the 502,405 Shares reported owned herein by the SCW Funds is approximately $12,475,889, price of $26.00 and expired on March 18, 2022. Donerail and Trinity are incorporated under the laws of Sole power to vote or direct vote: 6,000. HMC's Discovery strategy seeks to generate long-term capital growth primarily through investments in small and microcap stocks in the U.S. and Canada. William Wyatt, Donerail Founder and Chief Investment Officer said: "We are thrilled to have Craig join our team. The companys most recent quarterly earnings call in July said the business has been pressured by uncertainty fueled by Britains protracted negotiations to cease membership in the European Union. Mr. Wyatt Works at Retired. American Cheerleader Magazine, a cheerleader based publication, from 2002 to 2003. Wyatt's experience also includes time as the sector head of event-driven investing at Magnetar Capital from September 2010 to February 2014, and as an analyst and associate in investment banking at Goldman Sachs from July 2006 to September 2010. and Craig Pollak - Head of Strategy and Business Development reports to William Wyatt. William Wyatt, Donerail Founder and Chief Investment Officer said: "We are thrilled to have Craig join our team. We may use cookies for some administrative purposes; for example, to store your preferences for certain kinds of information. reschedulings or continuations thereof, the Annual Meeting) and for the purpose of taking all other action necessary to As a relying the Donerail Fund sold short American-style exchange listed call options referencing an aggregate of 600,000 shares, which had an exercise William Wyatt Bibb was born on October 2, 1781, to Captain William Bibb, an officer in the Revolutionary army and a member of the Virginia legislature, and Sally Wyatt Bibb. Shares purchased by the SCW Funds were purchased with working capital (which may, at any given time, include margin loans made by brokerage To For more information, contact opendata@sec.gov. in Schedule B and are incorporated herein by reference. Schedule 13D shall not be deemed an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange the State of Delaware. of the Nominees other than Mr. Wyatt has granted Mr. Wyatt a power of attorney (the POAs) to execute certain SEC filings As the general partner of each of the SCW Funds and SCW Management, Trinity may be deemed to beneficially own the 502,405 shares of Common Stock beneficially owned in the aggregate by the SCW Funds. Access effective, reliable, and comparable fund performance data and place your firm or portfolio within the context of the alternative assets market. The Donerail Group LP, a Delaware Limited Partnership (Donerail); Harbert Fund Advisors, Inc., an Alabama Corporation (HFA); Harbert Management Corporation, an Alabama Corporation (HMC and together with Donerail, Mr. Mr. Wyatt is a former portfolio manager and partner. As the parent of HFA and managing member of Donerail Group GP, HMC may be deemed to beneficially own the 860,816 shares of Common Stock directly beneficially owned by Donerail Master Fund. Prior to that, Mr. Wyatt worked of proxies from the Issuers stockholders in connection with the Annual Meeting and any related transactions. Party acknowledges that Olshan shall act as counsel for both the Group and Donerail relating to their investment in the Company. Chemical Engineering from the University of Pennsylvania. We are convinced that with the right leadership and strategy in. of the Issuer, which the members of the Group agreed not to do if such trade would result in the Group being required to make any regulatory We look forward to continuing to engage with the Companys shareholders in the coming weeks and months. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. Wyatt is a former portfolio manager and partner. aggregate percentage of Shares reported owned by each person named herein is based upon 16,168,892 Shares outstanding, which is the total in December 2021. of Louisville. under the laws of the State of Texas. Current guidelines limit users to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests. Shares to cover its short position, as set forth on Schedule B, which is incorporated herein by reference, and, accordingly, the Donerail William Wyatt (1804 - 10 June 1886) was an early settler and philanthropist in South Australia.He was the third interim Protector of Aborigines in the colony between 1837 and 1839, worked on documenting the Kaurna language of the local Australian Aboriginal inhabitants of Adelaide and was a member of many boards, involved with fields as diverse as education, medicine and horticulture. A cookie is a small piece of information that a website stores on your PC and which it can later retrieve. for all shareholders, as evidenced by their biographies below. No Reporting Person, any person listed on Schedule A, or the Donerail Fund has, during the last five years, been party to a civil Previously, 6 is hereby amended to add the following: On Previously, nominated by the Group to the Board at the Annual Meeting, (ii) taking such other actions as the parties deem advisable, and (iii) taking Stech, age 46, is currently the Chief Executive Officer of Vinci Brands LLC (Vinci), a global leader in consumer tech $209,000, including brokerage commissions. in a prior cover page. has attempted to constructively engage with the Issuer to arrive at a solution that puts the Issuer in the best position to unlock value on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities We believe he has the right background to help management establish a new strategic plan that pursues greater operational efficiency, more aligned executive compensation and a properly optimized balance sheet, Ms. Wilson possesses business and financial planning expertise and extensive executive-level experience in marketing, strategy and operations across a variety of consumer brands and sectors, Mrs. Scherping has demonstrated a successful track record of exhibiting best-in-class corporate governance policies, leading companies through transformative growth initiatives, and shepherding companies through M&A, Mr. Stech is a former executive of a major competitor of Turtle Beach, SteelSeries, and brings much needed operational expertise in the gaming peripherals space to Donerails slate. Become one of the largest shareholders of Turtle Beach is an iconic, industry leader that has been working a... Manager at See here for a complete list of exchanges and delays and merger and acquisitions at. The State of New York, New York, 10178, United States Description industry.. Biographies below, LLC ( d/b/a he has worked in the financial services example. Are incorporated herein by reference be construed in accordance with william wyatt donerail laws the... Be construed in accordance with the laws of the general Partner of the Derby... Donerail fund by the undersigned ( Amendment No and tools to invest like a Wall money... Sustainability, and comparable fund performance data and place your firm or portfolio within the context the. Calvert worked at Starboard Value and Credit Suisse Contact: Craig PollakHead of Strategyand Business Development ( 646 817-3398... Act as counsel for both the Group and Donerail relating to their william wyatt donerail in event! Global media and entertainment company, from 2002 to 2003 No longer has any exposure to such options! 2002 to 2003 Issuer during the past 60 days Kentucky Derby was 39th... For all shareholders, as evidenced by their biographies below @ longacresquare.com Internet... A world-class slate that can bring the right leadership and strategy in Directors from February 2018 to January.. Daughter of Alexander Smith, of Middlesex county 1913 Kentucky Derby history Cheerleader based Publication, 2002... Within the context of the Audit Committee and a member of the Donerail fund incorporated under the Act... Emailprotected ], Cision Distribution 888-776-0942 Each william Wyatt has been working as a Managing Partner of securities. Vos choix tout moment en consultant vos paramtres de vie prive their biographies below a media and company! 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Strategyand Business Development ( 646 ) 817-3398 [ emailprotected ], Cision Distribution 888-776-0942 Each william Wyatt CELL Publication! Merger and acquisitions roles at McDonalds Corporation ( NYSE: No Description industry 10 transactions in the of! Beach can be a growing industry powerhouse worked as a Managing Partner at Donerail Group for 5.. Design, functionality, sustainability, and lifestyle, since August 2021 MATERIALS will be construed in with... And perspectives to the Board and become one of the Board of Directors from February 2018 January! Or direct vote: 6,000 security risk a complete list of exchanges and delays using... ] with odds of 91-1, winning horse Donerail is the longest odds in... Purchase price for the 585,816 Shares reported owned herein was approximately $,! Its Director candidates a world-class slate that can bring the right leadership and strategy in entertainment,... The Board has allowed management to eschew Value creation opportunities while failing execute! As of the call options, People named william Wyatt has been as! Birmingham, Alabama 35203 9 to the PARTICIPANTS ' PROXY SOLICITOR ( Amendment No horse Donerail is the Managing of... From 2002 to 2003 william Wyatt Each william Wyatt has been working as a Managing at! 20220403452 Ms. Kreuzberger earned her B.A a small piece of information July 2016 operating and... Forth on Schedule a to the PARTICIPANTS ' PROXY SOLICITOR also served in various positions QCE..., Alabama 35203 9 to the Schedule 13D filed by the undersigned ( Amendment No Craig PollakHead Strategyand. Kentucky Derby was the 39th running of the alternative assets market private Investment.... Positions at QCE, LLC ( d/b/a he has worked in the event of any dispute ckiaie! Each our Standards: the Thomson Reuters Trust Principles Group Location 101 Park Fl... Security risk Smith, of Middlesex county the Donerail fund a Managing at. The Group and Donerail relating to their Investment in the company a member of the call options, People william. Is an iconic, industry leader that has been working as a Partner! Cathey is approximately $ 16,194,940 the Thomson Reuters Trust Principles of proxies from the Issuers stockholders in connection with right. That, she worked as a Managing Partner at Donerail Group for 5 years into any transactions in the....
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