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  "documentTitle": "Huntsman Corporation (HUN)",
  "authorId": "03_Starboard_Value",
  "authorName": "Jeffrey C. Smith",
  "documentKindSlug": "shareholder-letter",
  "documentKindLabel": "Shareholder letter",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2022-03-03 00:00:00",
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  "notes": "The slide uses a line chart to visualize the decline in share price and annotates specific dates of board actions and subsequent employment.",
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      "text": "Under Mr. Ferrari’s Oversight Venator’s Share Price Declined 90%",
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      "text": "Under Mr. Ferrari's Oversight Venator's Share Price Declined 90%",
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      "text": "share price: 90%",
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      "text": "Mr. Ferrari spent fourteen years (1997 – 2011) as an employee and senior executive at Huntsman, and reported directly to Peter Huntsman during that time. As a board member at both Huntsman and Venator Materials PLC (“Venator”), Mr. Ferrari oversaw Huntsman’s incredibly valuable 53% stake in Venator, a stake that the Company told stockholders was worth >$1 billion. Unfortunately, under Mr. Ferrari's oversight, Venator's stock price declined by 90% over three years, with Huntsman's stockholders ultimately realizing only $140 million of the >$1 billion that had been promised.",
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      "text": "Even more concerning, after Huntsman sold its Venator stake to SK Capital at fire sale prices, a transaction that Mr. Ferrari presumably had to approve as a member of Huntsman's Board, Mr. Ferrari was offered, and accepted, a role as Senior Director at SK Capital just six months later, after Venator's stock price had increased by 116% resulting in a gain of over $100 million for SK Capital.",
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      "text": "Daniele Ferrari (Board member since 2018)",
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