News Room

Titan Shareholder Advocacy Campaign

Titan Shareholder Advocacy Campaign

A shareholder resolution filed by Pekin Singer Strauss Asset Management, advisor to the Appleseed Fund (APPLX, APPIX), has yielded a commitment from Titan International (TWI) to increase its board diversity. Pekin Singer Strauss, an independent financial advisory firm, requested that Titan, a leading manufacturer of off-road wheels and tires, issue a report outlining specific steps being taken to increase diversity among its board of directors, and an assurance that it will continually assess the effectiveness of those efforts.

Nabors Shareholder Advocacy Campaign

Nabors Shareholder Advocacy Campaign

CHICAGO–(BUSINESS WIRE)– A three-year shareholder advocacy effort led by Pekin Singer Strauss Asset Management, on behalf of Appleseed Fund (APPLX), has yielded a sustainability report from energy services company Nabors Industries Ltd. (NBR). Nabors published its first-ever sustainability report in December focused on its fiscal year 2014 oil and gas drilling operations, and containing additional environmental, social and governance disclosures. The report provides transparency about the risks the company faces, said Matthew Blume, Pekin Singer Strauss manager of shareholder advocacy. It also confirms that Nabors’ management recognizes the importance of a sustainable operation and its duty to communicate with its shareholders.