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May 20, 2024
The 2024 Proxy Contest for Board Change at Medallion Financial: ZimCal’s ISS Presentation
ZimCal Asset Management published the investor deck it presented to Institutional Shareholder Services, outlining its case for change and improvement at Medallion Financial Corp. The deck lays out ZimCal’s proxy contest for board change at Medallion Financial ahead of the 2024 Annual Meeting of Stockholders, presenting ZimCal’s analysis of governance, leadership, compensation, and operational issues at the Company. The presentation argues that Medallion Financial’s full potential can be realized through new independent board representation and improved strategic direction, making the case for stockholders to support ZimCal’s nominees.