Brookdale Senior Living Inc. has been at the center of shareholder activism as it approaches its 2025 Annual Meeting of Shareholders. Proxy advisory firms Glass, Lewis & Co., LLC and Institutional Shareholder Services have advised against granting Ortelius Advisors, L.P. control of Brookdale's Board of Directors. Ortelius, which owns 1% of Brookdale's shares, seeks to replace directors with its nominees. Brookdale urges its shareholders to vote "FOR" all eight of its nominated directors using the BLUE proxy card. The company emphasizes the importance of maintaining its current strategy and experienced board members, including Andrew Wielansky and Sandra Freed, while expressing concerns over Ortelius' proposed strategy. The Annual Meeting is scheduled for July 11, 2025, and Brookdale has highlighted the significance of each shareholder's vote in shaping the company's future governance.
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