We strongly urge management and the board to appoint an independent director as executive chairman and that it not be Philippe Dauman. We hope management and the board will continue to act responsibly in addressing Viacom's depressed stock price relative to its much higher asset value.
Although we see Executive Chairman Glenn Murphy as a capable pair of hands in the short term, Lululemon needs a CEO to guide it as it expands overseas and tries to make further gains in its home market.
Marcelo has...positioned Sprint as a leader in the race to 5G, which promises to revolutionize the communications industry. He will continue to guide Sprint's strategy and momentum as Executive Chairman through a successful closing with T-Mobile.