Sackler-linked firm succeeds in bid for Ingles board seat
Shareholders backed the Sackler-linked investor after Ingles warned his ties to Purdue Pharma could damage the grocer’s image and trigger a boycott.
9 Articles
9 Articles
Sackler-linked firm succeeds in bid for Ingles board seat
Summer Road Secures Board Seat at Ingles Markets as Rory A. Held Elected Director
Summer Road LLC said shareholders of Ingles Markets have elected its nominee Rory A. Held to the company’s board of directors, marking the conclusion of a closely watched shareholder campaign focused on governance and capital allocation. Based on preliminary voting results from the company’s 2026 annual meeting, Held was elected with what Summer Road described as strong shareholder support, receiving backing representing approximately 62% of sha…
Showdown Over Ingles' Board Vote Results In Election Of Held
Asheville, North Carolina-based Ingles Markets Inc. has shared preliminary voting results from its 2026 Annual Meeting of Shareholders, with Rory Held and Dwight Jacobs elected as Class A directors. Held was the nominee put forward by activist investor Summer Road LLC. In the same vote, Fred D. Ayers, Robert P. Ingle II, Patricia E. Jackson, James W. Lanning, Laura Ingle Sharp and Brenda S. Tudor were elected as Class B directors, and shareholde…
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