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  "documentTitle": "Macellum Spartan Nash Presentation May 2022",
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  "presentationDate": "2022-05-01 00:00:00",
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      "kind": "callout",
      "text": "GIVEN THAT CHAIRMAN HACKER APPEARS TO BEAR DIRECT RESPONSIBILITY FOR THE ISSUES CURRENTLY PLAGUING SPARTANNASH, WE BELIEVE SHAREHOLDERS SHOULD NOT SUPPORT HIS CONTINUED PRESENCE ON THE BOARD",
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      "text": "As a member of the Board since 2005 and now as Chairman, Mr. Hacker has overseen: Poor succession planning, with four changes to the Company's CEO role in five years. Failure to hold management accountable for persistent underperformance, with excessive executive compensation. Failure to oversee the development of a credible and clearly articulated three-year operating plan. Failure to constructively engage with shareholders on value-enhancing initiatives, including a failure to explore all available strategic alternatives.",
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      "text": "Extremely long tenure of 17 years, including his board service at Nash Finch prior to its merger with SpartanNash. Lack of relevant food distribution and grocery sector expertise. Lack of meaningful ownership in the Company, despite long tenure.",
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      "text": "WHY WE ARE SEEKING TO REMOVE CHAIRMAN HACKER (17-YEAR TENURE)",
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