Oportun Financial Faces Shareholder Activism as Key Meeting Approaches to Decide CEO's Board Position

Reuters
23 Jun
Oportun Financial Faces Shareholder Activism as Key Meeting Approaches to Decide CEO's Board Position

Oportun Financial Corporation is facing shareholder activism as it approaches its Annual Meeting of Stockholders scheduled for July 18, 2025. Findell Capital Management, LLC, one of Oportun's stockholders, is advocating for the removal of CEO Raul Vazquez from the Board of Directors, proposing a replacement whom they consider more suitable. In response, Oportun's Board of Directors is urging stockholders to support Raul Vazquez's continued leadership and reelection, alongside nominee Carlos Minetti, by casting their votes using the GREEN proxy card. The company highlights Raul Vazquez's proven record of leadership and contributions to Oportun's growth and transformation in recent years. Stockholders are encouraged to visit VoteForOportun.com for additional information on the company's progress and strategic plans.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oportun Financial Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9482658-en) on June 23, 2025, and is solely responsible for the information contained therein.

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