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  "documentTitle": "Arconic Inc. (ARNC)",
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  "authorName": "Elliott",
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  "presentationDate": "2017-04-11 00:00:00",
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      "kind": "callout",
      "text": "The Company could have reincorporated in Delaware. The split with Alcoa would have been a perfect opportunity to do so (and New Alcoa did just that). They also could have put a proposal to reincorporate into Delaware on the ballot THIS YEAR.",
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      "text": "Consistent with a pattern of delusion that includes pretending that TSR and operating performance have been excellent, Arconic’s board claims to “value” good governance practices. Reality: the Company has been a corporate governance house of horrors",
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      "text": "We believe that Alcoa's \"efforts\" to improve corporate governance were disingenuous\nWould Alcoa Corp.'s management and board agree that Arconic's current directors deserve credit for its \"state-of-the-art\" governance?\nWe believe Pat Russo's leadership is not truly \"independent\" and her own poor track record of performance speaks for itself\nTSR, relative to the S&P 500 Index, since Ms. Russo joined the board is (182%)",
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      "text": "Consistent with a pattern of delusion that includes pretending that TSR and operating performance have been excellent, Arconic's board claims to \"value\" good governance practices. Reality: the Company has been a corporate governance house of horrors",
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      "text": "Frustrating Shareholder Rights: \"Arconic's Board Values Strong Corporate Governance\"?",
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