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Highlights That a Majority of Unaffiliated Shareholders Voted Against the Reelection of Chairman George Mayes, Jr., Director Javier Polit and Director Laurie Tucker
Believes Shareholders Have Sent a Loud and Clear Message About the Board's Track Record of Value Destruction
Reiterates View That Shareholders Want a Value-Maximizing Sale
Ancora Holdings Group, LLC (together with its affiliates, "Ancora" or "we"), a significant shareholder of Forward Air Corporation (NASDAQ:FWRD) ("Forward Air" or the "Company"), today issued the following statement regarding the announced voting results of the Company's 2025 Annual Meeting of Shareholders.
Posted In: FWRD