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  "documentTitle": "Huntsman Corporation (HUN)",
  "authorId": "03_Starboard_Value",
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  "presentationDate": "2022-03-08 00:00:00",
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  "pageNumber": 23,
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  "notes": "Uses a CEO quote and a screenshot of a past presentation to establish a pattern of broken promises.",
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      "kind": "callout",
      "text": "The Company is promising to improve Adjusted EBITDA margins to 18 – 20% and consistently deliver an Adjusted EBITDA to FCF Conversion of >40%",
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      "text": "In November 2021, the Company hosted an Investor Day, again committed to improving financial performance, and expressed confidence that the Company would finally be able to deliver on its commitments.",
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      "kind": "quote",
      "text": "We're very excited, and I feel more confident today than I ever have about the future. I know that's something that everybody always says. But why do I feel that, I feel that because we have more control of these issues...there are going to be headwinds here and there. But what we can control, what we're focused on as a company, and what we're able to do, I think, puts us in a unique opportunity to further transform this business.",
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      "text": "Source: Public company filings, presentations, and transcripts. Note: Quotes are underlined and bolded for emphasis.",
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      "text": "The Company is again making commitments to shareholders that it will meaningfully improve performance.",
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      "kind": "title",
      "text": "In November 2021, Huntsman Hosted Yet Another Investor Day and Made Even More Promises to Shareholders",
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