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  "documentTitle": "GCP Applied Technologies (GCP)",
  "authorId": "03_Starboard_Value",
  "authorName": "Starboard Value",
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  "presentationDate": "2020-04-30 00:00:00",
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  "notes": "The slide uses a red 'X' motif to emphasize the lack of qualifications.",
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      "text": "We note that Sequa has previously had a supply arrangement with Calgon Carbon, a Company where GCP's current CEO, Randy Dearth, has previously served as a Board member and CEO.",
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      "text": "We do not believe the second nominee, Armand Lauzon, is a good fit for GCP's board. Mr. Lauzon has no relevant direct construction and chemicals experience that he can contribute to GCP.",
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      "text": "Is this really the “best” new independent director the Board could identify?",
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      "text": "Source: GCP's, CCC's, and SQA.A's public filings, Bloomberg.",
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      "text": "Armand Lauzon Experience History table showing company, industry, and lack of construction/chemicals/board experience.",
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