Business

Both Leading Proxy Advisory Firms – ISS and Glass Lewis – Recommend Shareholders Vote “FOR” ONLY Tejon’s 10 Director Nominees

ISS’s and Glass Lewis’s Reports Reinforce That Tejon’s Existing Directors Are Best Positioned to Protect Shareholder Value Company Launches VoteForTejon.com TEJON RANCH, Calif., May 05, 2025 (GLOBE NEWSWIRE) -- Tejon Ranch Co. (NYSE: TRC), (“Tejon” or the “Company”), a diversified real estate development and agribusiness company, today announced that Glass Lewis & Co. (“Glass Lewis”) has joined Institutional Shareholder Services (“ISS”) in recommending that shareholders vote “FOR” ONLY Tejon’s 1

articleTejon Ranch CoMay 5, 20255/company/tejon-ranch-co/news/both-leading-proxy-advisory-firms-131500396
Both Leading Proxy Advisory Firms – ISS and Glass Lewis – Recommend Shareholders Vote “FOR” ONLY Tejon’s 10 Director Nominees

About this update from Tejon Ranch Co

[{"type":"image","alt":"Tejon Ranch Co","displaySize":"","headline":null,"caption":"Tejon Ranch Co","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":122,"url":"https://media.zenfs.com/en/globenewswire.com/62ec3c694364e3068b9409435b0f83ea"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/c5b7LJqPJJA2Y1bG1EVdAA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE3MTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/62ec3c694364e3068b9409435b0f83ea","width":300,"height":122}},"lazy":false},{"type":"text","content":"ISS’s and Glass Lewis’s Reports Reinforce That Tejon’s Existing Directors Are Best Positioned to Protect Shareholder Value ","length":122,"tagName":"p"},{"type":"text","content":"Company Launches VoteForTejon.com","length":33,"tagName":"p"},{"type":"text","content":"TEJON RANCH, Calif., May 05, 2025 (GLOBE NEWSWIRE) -- Tejon Ranch Co. (NYSE: TRC), (“Tejon” or the “Company”), a diversified real estate development and agribusiness company, today announced that Glass Lewis & Co. (“Glass Lewis”) has joined Institutional Shareholder Services (“ISS”) in recommending that shareholders vote “FOR” ONLY Tejon’s 10 highly-qualified director nominees on the Company’s WHITE Proxy Card in connection with its Annual Meeting of Shareholders scheduled for May 13, 2025. Additional information, including details on how to vote, can be found at www.VoteForTejon.com.","length":595,"tagName":"p"},{"type":"text","content":"In its May 3, 2025, report, Glass Lewis recommended Tejon shareholders:1","length":72,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Vote “FOR” all 10 of the Company’s highly qualified director nominees on the WHITE card.","length":88,"tagName":"p"}]},{"val":[{"type":"text","content":"“WITHHOLD” on all Bulldog Investor (“Bulldog”) nominees, noting that these persons lack “appropriate industry experience that would be additive to the current board of directors.”","length":179,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":267,"olType":false},{"type":"text","content":"In its May 2, 2025, report, ISS recommended Tejon shareholders:1","length":64,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Vote “FOR” all 10 of the Company’s nominees, as Bulldog “has not presented a compelling case for change. As such, support for all management nominees is warranted...

More updates from Tejon Ranch Co

Glass Lewisdirector nomineesISSCompanyTEJON RANCHBulldoghighly qualified