Activist investor group seeks Elanco CEO ouster, shakeup of board

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One thought on “Activist investor group seeks Elanco CEO ouster, shakeup of board

  1. Activist investors can break companies. Especially in biotech & pharma, where failures teach extremely important lessons and advancements take YEARS to turn into profits. (Anybody who has paid attention to Lilly over the last few years can attest to this.) For a business in this space – especially the size of Elanco – patience is necessary. I struggle to see how a 3 year clip of performance says anything significant about the quality of leadership at Elanco.

    I’m sure that any replacement board and CEO at Elanco could find some way to make easy profits by selling out on some existing asset, but such short term profits would likely come at the sacrifice of huge gains years down the road.
    Unless there is strong evidence of serious, specific, and systemic mismanagement at Elanco, Ancora should back off. Not just for their best interest, but for the best interest of all shareholders.

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