GCP products have been used to build some of the world’s most renowned structures. Under the leadership of our recently appointed CEO Randy Dearth, we have focused on driving enhanced performance and further reducing costs and are seeing positive momentum in the business. Have a confidential tip for our reporters? GCP subsequently launched a strategic review, including a potential sale, that failed to find a buyer. We've detected you are on Internet Explorer. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. Factors that could cause actual results to materially differ from those contained in the forward-looking statements, or that could cause other forward-looking statements to prove incorrect, include, without limitation, risks related to: the cyclical and seasonal nature of the industries that GCP serves; foreign operations, especially in emerging regions; changes in currency exchange rates; the cost and availability of raw materials and energy; the effectiveness of GCP’s research and development, new product introductions and growth investments; acquisitions and divestitures of assets and gains and losses from dispositions; developments affecting GCP’s outstanding liquidity and indebtedness, including debt covenants and interest rate exposure; developments affecting GCP’s funded and unfunded pension obligations; warranty and product liability claims; legal proceedings; the inability to establish or maintain certain business relationships and relationships with customers and suppliers or the inability to retain key personnel; and the handling of hazardous materials and the costs of compliance with environmental regulation. The activist investor said in a letter to GCP shareholders this week it believed there were still tremendous opportunities to drive operational, strategic and financial improvements at GCP that will position it to be best-in-class in its industry. Prior to Colfax, Mr. Kiefaber worked at Masco Corporation. Earlier in her career, Ms. Ogilvie was a member of Ramius, LLC, an alternative investment management firm, where she served in various capacities prior to the firm’s merger with Cowen Group, Inc. (“Cowen Group”), including as Chief Operating Officer and General Counsel and Chief Compliance Officer. Subsequent changes in holdings or intentions must be reported in amended filings. GCP STOCKHOLDERS ARE STRONGLY ENCOURAGED TO READ THE DEFINITIVE PROXY STATEMENT (AND ANY AMENDMENTS AND SUPPLEMENTS THERETO) AND ACCOMPANYING PROXY CARD WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION. Source: InsiderScore.com, GCP Applied Technologies Usually, activists do best with the operating margins and free cash flow generation. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. GCP has maintained a constructive dialogue with Starboard and its other stockholders, including a 2019 agreement to add two Starboard-nominated directors to the board. Sign up for a free 7-day trial here. GCP Applied Technologies (GCP) Starboard Value reported a stake in the building- and construction-materials supplier of 6,540,000 shares, equal to 9% of the outstanding stock. Not a Premium Member of GuruFocus? Previously, Ms. Ogilvie served as an Advisor to the Creditors Committee for the Lehman Brothers International (Europe) Administration (the “Creditors Committee”) and has also served as a Representative of a Member of the Creditors Committee. 5 Buffett-Munger Stocks With High Dividend Yields, Video: Mastering the GuruFocus Site, Episode 9, Ray Dalio Commentary- The Changing World Order Ch. GCP has maintained a constructive dialogue with Starboard and its other stockholders, including a 2019 agreement to add two Starboard-nominated directors to the board. On Jan. 13, 2020, activist investing fund Starboard Value sent a letter to the chairman of the board of directors at GCP Applied Technologies (NYSE:GCP). As previously disclosed, at the conclusion of the Annual Meeting the Board size will decrease to 10 members. It has since implemented cost cuts and other measures, including replacing its chief executive officer. More information is available at www.gcpat.com. Gamco now holds 12.4% of Oil-Dri’s outstanding stock. The information on this site is in no way guaranteed for completeness, accuracy or in any other way.