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"thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9d-701a1b1e61b1", "docSlug": "fbbd859563e5", "documentTitle": "Huntsman Corporation (HUN)", "authorId": "03_Starboard_Value", "authorName": null, "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2022-03-08 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 43, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses red dashed boxes to highlight specific criticisms of the board appointments.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9d-701a1b1e61b1/43", "deckHref": "/decks/019dd923-622c-750b-8b9d-701a1b1e61b1", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9d-701a1b1e61b1#slide-43", "loopMatches": [], "arcBeatMatches": [ { "to": 60, "from": 28, "beatId": "f31e8a30-2265-44b9-b890-91f1eb8764bc", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Struggle", "beatSlug": "overcoming-monster-the-struggle", "evidence": "The document highlights the consequences of Huntsman's management's actions and the need for change.", "position": 2, "confidence": 0.9, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9d-701a1b1e61b1", "docSlug": "fbbd859563e5", "documentTitle": "Huntsman Corporation (HUN)", "authorId": "03_Starboard_Value", "authorName": null, "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2022-03-08 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 44, "slideType": "expose_contradiction", "function": 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"imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9d-701a1b1e61b1", "docSlug": "fbbd859563e5", "documentTitle": "Huntsman Corporation (HUN)", "authorId": "03_Starboard_Value", "authorName": null, "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2022-03-08 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 50, "slideType": "peer_gap", "function": "expose_gap", "notes": "The slide uses a combination of a bar chart for Huntsman and line charts for peer averages to highlight the widening performance gap.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9d-701a1b1e61b1/50", "deckHref": "/decks/019dd923-622c-750b-8b9d-701a1b1e61b1", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9d-701a1b1e61b1#slide-50", "loopMatches": [], "arcBeatMatches": [ { "to": 60, "from": 28, "beatId": "f31e8a30-2265-44b9-b890-91f1eb8764bc", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Struggle", "beatSlug": "overcoming-monster-the-struggle", "evidence": "The document highlights the consequences of Huntsman's management's actions and the need for change.", "position": 2, "confidence": 0.9, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9d-701a1b1e61b1", "docSlug": "fbbd859563e5", "documentTitle": "Huntsman Corporation (HUN)", "authorId": "03_Starboard_Value", "authorName": null, "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2022-03-08 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 51, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a bar chart to show Huntsman's SG&A ratio compared to peers, highlighting the discrepancy in peer selection.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9d-701a1b1e61b1/51", "deckHref": "/decks/019dd923-622c-750b-8b9d-701a1b1e61b1", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9d-701a1b1e61b1#slide-51", "loopMatches": [], "arcBeatMatches": [ { "to": 60, "from": 28, "beatId": "f31e8a30-2265-44b9-b890-91f1eb8764bc", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Struggle", "beatSlug": "overcoming-monster-the-struggle", "evidence": "The document highlights the consequences of Huntsman's management's actions and the need for change.", "position": 2, "confidence": 0.9, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9d-701a1b1e61b1", "docSlug": "fbbd859563e5", "documentTitle": "Huntsman Corporation (HUN)", "authorId": "03_Starboard_Value", "authorName": null, "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2022-03-08 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 52, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a visual flow diagram to highlight the discrepancy between official proxy peers and the peers used for SG&A analysis.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9d-701a1b1e61b1/52", "deckHref": "/decks/019dd923-622c-750b-8b9d-701a1b1e61b1", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9d-701a1b1e61b1#slide-52", "loopMatches": [], "arcBeatMatches": [ { "to": 60, "from": 28, "beatId": "f31e8a30-2265-44b9-b890-91f1eb8764bc", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Struggle", "beatSlug": "overcoming-monster-the-struggle", "evidence": "The document highlights the consequences of Huntsman's management's actions and the need for change.", "position": 2, "confidence": 0.9, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9d-701a1b1e61b1", "docSlug": "fbbd859563e5", "documentTitle": "Huntsman Corporation (HUN)", "authorId": "03_Starboard_Value", "authorName": null, "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2022-03-08 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 53, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses a contrast-pair structure to highlight management's alleged deception versus the truth.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9d-701a1b1e61b1/53", "deckHref": "/decks/019dd923-622c-750b-8b9d-701a1b1e61b1", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9d-701a1b1e61b1#slide-53", "loopMatches": [], "arcBeatMatches": [ { "to": 60, "from": 28, "beatId": "f31e8a30-2265-44b9-b890-91f1eb8764bc", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Struggle", "beatSlug": "overcoming-monster-the-struggle", "evidence": "The document highlights the consequences of Huntsman's management's actions and the need for change.", "position": 2, "confidence": 0.9, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9d-701a1b1e61b1", "docSlug": "fbbd859563e5", "documentTitle": "Huntsman Corporation (HUN)", "authorId": "03_Starboard_Value", "authorName": null, "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2022-03-08 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 54, "slideType": "peer_benchmark", "function": "compare_peers", "notes": "The slide uses a red bar to highlight Huntsman's position relative to the peer average, emphasizing the negative performance gap.", "imagePath": null, "matchCount": 1, "evidence": null, "slideHref": "/slides/019dd923-622c-750b-8b9d-701a1b1e61b1/54", "deckHref": "/decks/019dd923-622c-750b-8b9d-701a1b1e61b1", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9d-701a1b1e61b1#slide-54", "loopMatches": [], "arcBeatMatches": [ { "to": 60, "from": 28, "beatId": "f31e8a30-2265-44b9-b890-91f1eb8764bc", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "The Struggle", "beatSlug": "overcoming-monster-the-struggle", "evidence": "The document highlights the consequences of Huntsman's management's actions and the need for change.", "position": 2, "confidence": 0.9, "parentBeatName": "Development", "parentBeatSlug": "development" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }, { "docId": "019dd923-622c-750b-8b9d-701a1b1e61b1", "docSlug": "fbbd859563e5", "documentTitle": "Huntsman Corporation (HUN)", "authorId": "03_Starboard_Value", "authorName": null, "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "activist_investor", "sourceTypeLabel": "Activist investor", "presentationDate": "2022-03-08 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 55, "slideType": "expose_contradiction", "function": "expose_contradiction", "notes": "Uses CEO quotes to undermine the company's narrative of unique 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