US EditionFindell Capital Pushes for Board Changes at Oportun Financial
- On June 3, 2025, Findell Capital Management issued an open letter from New York urging Oportun Financial stockholders to vote at this year's Annual Meeting.
- Findell, a major Oportun shareholder, seeks changes due to CEO Raul Vazquez's perceived failed leadership and calls for rejecting his continued Board service.
- The letter advocates electing Warren Wilcox, a seasoned financial executive, and reelecting Carlos Minetti, noted for his independence amid a board dominated by CEO ties and inexperience.
- Findell emphasizes that shareholders have a limited window to prevent Mr. Vazquez from continuing to harm the company’s value by casting their votes using the enclosed WHITE proxy card, noting that only the most recent ballot submitted will be counted.
- Eliminating Raul Vazquez’s presence on the Board would enable overdue supervisory review, create a clear setting for assessing his performance, and establish a basis for sustainable corporate revitalization.
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FINDELL CAPITAL MANAGEMENT URGES OPORTUN STOCKHOLDERS TO VOTE THE WHITE PROXY CARD TO ELECT AN INDEPENDENT CONSUMER FINANCIAL SERVICES EXPERT TO THE BOARD
NEW YORK, June 3, 2025 /PRNewswire/ -- Findell Capital Management LLC (collectively with its affiliates, "Findell", "we" or "us"), one of the largest stockholders of Oportun Financial Corporation (NASDAQ: OPRT), today issued an open letter to its fellow stockholders.
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Leaning Left4Leaning Right5Center14Last UpdatedBias Distribution61% Center
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