Barnwell Industries Inc. is preparing for its upcoming 2025 annual meeting of shareholders amidst ongoing disputes with the Sherwood Group. Notably, proxy advisory firms Institutional Shareholder Services and Glass Lewis have rejected the Sherwood Group's attempt to take control of the company. For the meeting, Glass Lewis recommends shareholders vote for Ken Grossman, Craig Hopkins, Joshua Horowitz, and Philip McPherson, with only Heather Isidoro from the Sherwood Group's slate receiving a recommendation. Barnwell Industries remains committed to sound corporate governance and has welcomed Ms. Isidoro to its Board, emphasizing integrity and long-term value creation for shareholders.
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