Starboard Value · activist-deck
Huntsman Corporation (HUN)
90 pages · 5 arc beats · 0 loops
Huntsman Corporation (HUN)
Starboard Value · 2022-03 arc beats above · slides in the middle · loops below · scroll → 0 LOOPS
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Deck intelligence map
5 coverage by narrative range · generated from this deck JSON
Narrative range 91 total
Metadata
Components
Metrics
Tools
Frameworks
Beats
Loops
The Call 5 slides 100% 5/5 slides 100% 5/5 slides · 25 hits — 0/5 slides
20% 1/5 slides 60% 3/5 slides 100% 5/5 slides · 6 hits — 0/5 slides
The Monster 23 slides 100% 23/23 slides 100% 23/23 slides · 137 hits — 0/23 slides
39.1% 9/23 slides 95.7% 22/23 slides · 23 hits 100% 23/23 slides · 24 hits — 0/23 slides
The Struggle 33 slides 100% 33/33 slides 100% 33/33 slides · 189 hits — 0/33 slides
— 0/33 slides
84.8% 28/33 slides · 30 hits 100% 33/33 slides — 0/33 slides
The Victory 22 slides 100% 22/22 slides 100% 22/22 slides · 118 hits — 0/22 slides
18.2% 4/22 slides 54.5% 12/22 slides 100% 22/22 slides — 0/22 slides
The New Order 8 slides 100% 8/8 slides 100% 8/8 slides · 47 hits — 0/8 slides
25% 2/8 slides 37.5% 3/8 slides 100% 8/8 slides — 0/8 slides
Slide inventory
90 every slide · same image gating as the playbook
03
Uses strong, accusatory language ('deceive', 'disingenuous', 'mislead', 'fooled') to frame the incumbent management as a villain.name_villain
Open slide detailBeat · The Call
04
Uses a classic 'Claim vs. Reality' structure to frame the target company's narrative as deceptive.expose_contradiction
Open slide detailBeat · The Call
05
Uses a Venn diagram to visually demonstrate the lack of overlap between two peer groups.expose_contradiction
Open slide detailBeat · The Call
06
The slide uses a checkmark/cross matrix to visually expose the lack of consistency in peer benchmarking.expose_contradiction
Open slide detailBeat · The Monster
08
The slide uses a waterfall-style bridge to adjust the original target for divestitures, then compares the pro-forma target to the actual result.expose_contradiction
Open slide detailBeat · The Monster
09
Uses red callout boxes and arrows to highlight specific deceptive elements in a chart.expose_contradiction
Open slide detailBeat · The Monster
10
Uses a waterfall-style logic to show how 'fictional' numbers are derived from actuals by removing business units.expose_contradiction
Open slide detailBeat · The Monster
11
Uses a waterfall-bridge style to reconcile original targets with actual performance.expose_contradiction
Open slide detailBeat · The Monster
12
Uses a contrast-pair framework to highlight management's alleged dishonesty.expose_contradiction
Open slide detailBeat · The Monster
13
The slide uses a 'FAILED' callout repeatedly to emphasize the lack of execution.expose_contradiction
Open slide detailBeat · The Monster
14
Uses a side-by-side comparison of a chart and a list of bulleted critiques to dismantle management's narrative.expose_contradiction
Open slide detailBeat · The Monster
15
Uses a red dashed callout to emphasize the 'organic' and 'no M&A' constraints of the original promise.expose_contradiction
Open slide detailBeat · The Monster
16
The slide uses a waterfall bridge to visually subtract M&A impacts from reported EBITDA.expose_contradiction
Open slide detailBeat · The Monster
17
Uses a 'bridge' visualization to expose the gap between management's claims and actual performance.expose_contradiction
Open slide detailBeat · The Monster
18
Uses a waterfall-style comparison to highlight the gap between the target and the consensus estimate.expose_contradiction
Open slide detailBeat · The Monster
19
The slide uses a 'FAILED' callout repeatedly to emphasize the gap between promise and performance.expose_contradiction
Open slide detailBeat · The Monster
20
Uses a contrast-pair structure to highlight specific misleading claims vs. the truth.expose_contradiction
Open slide detailBeat · The Monster
21
Uses a before-after framing to highlight the gap between management promises and actual results.expose_contradiction
Open slide detailBeat · The Monster
22
The slide uses a 'failed' label to emphasize the gap between management promises and actual performance.expose_contradiction
Open slide detailBeat · The Monster
23
Uses a CEO quote and a screenshot of a past presentation to establish a pattern of broken promises.expose_contradiction
Open slide detailBeat · The Monster
24
Uses a 'before-after' style juxtaposition of the company's claim vs. the reality of the cited analyst reports.expose_contradiction
Open slide detailBeat · The Monster
25
Includes a quote from Barclays (Nov 2021) reinforcing the skepticism regarding management's ability to execute.expose_contradiction
Open slide detailBeat · The Monster
26
Uses the 'definition of insanity' trope to frame management's repeated failures as a systemic issue requiring oversight.expose_contradiction
Open slide detailBeat · The Monster
27
Uses a contrast-pairs framework to highlight the gap between management claims and reality.expose_contradiction
Open slide detailBeat · The Monster
29
Uses a 'before-after' framing to expose a contradiction in corporate narrative.expose_contradiction
Open slide detailBeat · The Struggle
30
The slide uses a highlighted excerpt from a 2006 press release to provide evidence for the acquisition metrics.cite_precedent
Open slide detailBeat · The Struggle
31
Uses a highlighted excerpt from a 2006 press release to establish the baseline promise.expose_contradiction
Open slide detailBeat · The Struggle
32
Uses a bar chart to contrast a CEO quote/promise against actual performance data.expose_contradiction
Open slide detailBeat · The Struggle
33
The slide uses a red dashed box to frame the entire period and red callouts to highlight the 'decline' and the 'deceptive' baseline selection.expose_contradiction
Open slide detailBeat · The Struggle
34
Uses a comparison table to frame management's narrative as a 'misleading tactic'.expose_contradiction
Open slide detailBeat · The Struggle
35
Uses a waterfall chart to illustrate potential value creation per share.expose_contradiction
Open slide detailBeat · The Struggle
36
Uses red boxes to highlight the contradiction between management's stated intent and the final transaction price.expose_contradiction
Open slide detailBeat · The Struggle
37
Uses a 'The Truth' vs 'Huntsman's Misleading Tactics' comparison frame.expose_contradiction
Open slide detailBeat · The Struggle
39
The slide uses a visual timeline of headshots to demonstrate that board 'refreshment' was actually just board expansion.expose_contradiction
Open slide detailBeat · The Struggle
40
Uses red 'X' icons to visually represent the failure to enforce policy.expose_contradiction
Open slide detailBeat · The Struggle
41
Uses a visual timeline of headshots to demonstrate lack of board turnover prior to activist involvement.expose_contradiction
Open slide detailBeat · The Struggle
42
The slide uses a red dashed box to indicate a director Starboard is seeking to replace.introduce_nominees
Open slide detailBeat · The Struggle
43
Uses red dashed boxes to highlight specific criticisms of the board appointments.expose_contradiction
Open slide detailBeat · The Struggle
44
Uses a comparison table to frame management's actions as a recurring pattern of deception.expose_contradiction
Open slide detailBeat · The Struggle
45
Uses a red arrow and dashed circle to highlight the discrepancy between the company's cherry-picked data and the full report.expose_contradiction
Open slide detailBeat · The Struggle
46
Uses a contrast-pair framework to highlight the discrepancy between management's claims and the truth.expose_contradiction
Open slide detailBeat · The Struggle
48
Uses a CEO quote from 2007 to contrast with 2021 data.expose_contradiction
Open slide detailBeat · The Struggle
49
The slide uses a 'before-after' framing to expose a contradiction in the company's long-term messaging.expose_contradiction
Open slide detailBeat · The Struggle
50
The slide uses a combination of a bar chart for Huntsman and line charts for peer averages to highlight the widening performance gap.expose_gap
Open slide detailBeat · The Struggle
51
Uses a bar chart to show Huntsman's SG&A ratio compared to peers, highlighting the discrepancy in peer selection.expose_contradiction
Open slide detailBeat · The Struggle
52
Uses a visual flow diagram to highlight the discrepancy between official proxy peers and the peers used for SG&A analysis.expose_contradiction
Open slide detailBeat · The Struggle
53
Uses a contrast-pair structure to highlight management's alleged deception versus the truth.expose_contradiction
Open slide detailBeat · The Struggle
54
The slide uses a red bar to highlight Huntsman's position relative to the peer average, emphasizing the negative performance gap.compare_peers
Open slide detailBeat · The Struggle
55
Uses CEO quotes to undermine the company's narrative of unique operational success.expose_contradiction
Open slide detailBeat · The Struggle
57
The slide includes a callout box specifically addressing and preempting a potential rebuttal regarding the company's cherry-picked performance metrics.compare_peers
Open slide detailBeat · The Struggle
58
Uses a 'before-after' style critique of a specific corporate slide excerpt.expose_contradiction
Open slide detailBeat · The Struggle
59
Uses a 'Truth vs. Tactics' comparison frame to highlight management's alleged dishonesty.expose_contradiction
Open slide detailBeat · The Struggle
61
The slide uses a 'Background' structure to frame the GCP engagement as a precedent for the current activist campaign.cite_precedent
Open slide detailBeat · The Victory
62
The slide uses a horizontal timeline with callout boxes to detail specific events in the activist campaign.summarize
Open slide detailBeat · The Victory
63
The slide uses a timeline framework to frame the activist's involvement as a catalyst for value creation.summarize
Open slide detailBeat · The Victory
64
Uses a lettered list (A, B, C) to structure the rebuttal points.preempt_rebuttal
Open slide detailBeat · The Victory
65
Uses a case study format to preemptively rebut claims about Starboard's lack of chemical industry experience.expose_contradiction
Open slide detailBeat · The Victory
66
The slide uses a timeline framework to demonstrate a sequence of events leading to positive outcomes.illustrate_case
Open slide detailBeat · The Victory
69
The slide uses authority bias by citing BofA, Barclays, and KeyBanc to validate the quality of the nominees.introduce_nominees
Open slide detailBeat · The Victory
70
The slide uses authority-citation to validate the quality of the nominees.introduce_nominees
Open slide detailBeat · The Victory
71
Includes logos of companies where the nominee held leadership positions.introduce_nominees
Open slide detailBeat · The Victory
72
The slide uses a checkmark matrix to demonstrate competency across four key areas for four different career roles.introduce_nominees
Open slide detailBeat · The Victory
73
The slide uses a quote from a competitor (Huntsman) to validate the nominee's performance.introduce_nominees
Open slide detailBeat · The Victory
74
Includes a grid of company logos associated with the nominee's career.introduce_nominees
Open slide detailBeat · The Victory
75
The slide uses a checkmark matrix to map specific skills to past roles, reinforcing the nominee's qualifications.introduce_nominees
Open slide detailBeat · The Victory
76
The slide uses a checkmark matrix to demonstrate domain expertise relevance.introduce_nominees
Open slide detailBeat · The Victory
77
The slide uses a checkmark matrix to demonstrate breadth of board committee service.introduce_nominees
Open slide detailBeat · The Victory
80
The chart highlights a +92% return for VSM compared to +45% for the S&P 500 and +30 for the S&P Chemicals Index, resulting in a ~63% surplus.introduce_nominees
Open slide detailBeat · The Victory
81
The slide uses a line chart to demonstrate historical alpha generation as a proxy for nominee competence.introduce_nominees
Open slide detailBeat · The Victory
82
Includes a grid of corporate logos associated with the nominee's career.introduce_nominees
Open slide detailBeat · The Victory
84
The slide highlights the company's own definitions of peer groups to establish a baseline for subsequent activist arguments.compare_peers
Open slide detailBeat · The New Order
85
The slide highlights the discrepancy between compensation peers and performance peers.compare_peers
Open slide detailBeat · The New Order
86
The slide uses visual callouts (red arrows) to point to specific data points in the charts that support the thesis.expose_contradiction
Open slide detailBeat · The New Order
87
The slide uses quotes to establish a baseline for peer comparison, likely to contrast with current management behavior or valuation.expose_contradiction
Open slide detailBeat · The New Order
89
The slide highlights the specific peer groups used for benchmarking compensation and financial performance.compare_peers
Open slide detailBeat · The New Order
90
The slide uses a checkmark/cross matrix to visually demonstrate the lack of consistency in peer selection.expose_contradiction
Open slide detailBeat · The New Order