arrive at an agreeable framework on which discussions can reasonably progress, and in light of the upcoming deadline for shareholders of the Nominees other than Mr. Wyatt has granted Mr. Wyatt a power of attorney (the POAs) to execute certain SEC filings 11. Donerail 2013. However, given the inability to date to As of the date hereof, Donerail Master Fund directly beneficially owns 860,816 shares of Common Stock, par value $0.001 per share (the Common Stock), including 275,000 shares of Common Stock underlying call options currently exercisable. William Wyatt (1804 - 10 June 1886) was an early settler and philanthropist in South Australia.He was the third interim Protector of Aborigines in the colony between 1837 and 1839, worked on documenting the Kaurna language of the local Australian Aboriginal inhabitants of Adelaide and was a member of many boards, involved with fields as diverse as education, medicine and horticulture. LOS ANGELES--(BUSINESS WIRE)--The Donerail Group LP (together with its affiliates, Donerail, we or us), one of the largest shareholders of Turtle Beach Corporation (NASDAQ: HEAR) (Turtle Beach or the Company), today issued the below letter to shareholders regarding its nomination of a full slate of six highly qualified and independent candidates for election to the Companys Board of Directors (the Board) at the 2022 Annual Meeting of Shareholders (the Annual Meeting): It is clear to us that wholesale change is urgently needed in Turtle Beachs boardroom in order to catalyze enhanced value creation. From 2008 to 2009, Mr. Jimenez served as Chief Operating Officer and Chief Financial Officer of Newsday, LLC and Formally launching in 2020, The Donerail Group is a Los Angeles-based investment adviser that employs a value-oriented, activist investment lens focusing on special situations and event driven investments. The companys most recent quarterly earnings call in July said the business has been pressured by uncertainty fueled by Britains protracted negotiations to cease membership in the European Union. The Donerail Group LP, an investment firm led by former activist hedge fund Starboard Value LP executive William Wyatt, is pushing Mastercraft Boat Holdings Inc. to explore a sale, people familiar with the matter said on Tuesday. The principal business of Donerail is serving as the investment manager of the Donerail Fund, whose principal business is investing He has diverse M&A, turnaround, and leadership experience in global sales, marketing, product and general management roles, Mr. Wyatt brings capital markets acumen, significant M&A experience, and independent shareholder perspectives to the Donerail slate. The family migrated to Georgia around 1784 with a large number of Virginians who accompanied General George Mathews, hero of the Battle of Brandywine. of proxies from the Issuers stockholders in connection with the Annual Meeting and any related transactions. The This SEC practice is designed to limit excessive automated searches on SEC.gov and is not intended or expected to impact individuals browsing the SEC.gov website. Chief Operating Officer & Chief Financial Officer at Donerail Group John Weaver is the Chief Operating Officer & Chief Financial Officer at Donerail Group based in New York, New York. of each member of the SCW Fund Group is engaging in the business of acquiring, holding, voting and disposing of various public and private box . criminal proceeding (excluding traffic violations or similar misdemeanors). We have invested significant time and resources recruiting a world-class slate that can bring the right skills and perspectives to the Board. Ms. Chavarria advances and coordinates business development initiatives for Donerail. for election at the 2022 Annual Meeting and describing Donerails views concerning the opportunities to create value for all of and all applicable securities laws. Furthermore, we are requesting that the Board adopt a universal proxy card (Universal Proxy) for the 2022 Annual Meeting. 344,029 Shares beneficially owned by SCW Capital and the 158,376 Shares beneficially owned by SCW QP. Our lack of faith has only increased after interactions with other shareholders, who also seem to have lost all confidence in the Companys leadership. Donerail focuses on U.S. equities with potential for transformational change or those experiencing some form of temporary dislocation in their business. Prior to Donerail, she worked for Beautycounter, BuckleySandler LLP, and Forever21. Established in 2020, Donerail Group is a California-based hedge fund manager founded by William Z. Wyatt. has attempted to constructively engage with the Issuer to arrive at a solution that puts the Issuer in the best position to unlock value We give you the access and tools to invest like a Wall Street money manager at a Main Street price. Ms. Scherping The Groups behalf without Donerails prior written consent. A cookie is a small piece of information that a website stores on your PC and which it can later retrieve. Nothing herein shall be construed to authorize any party to act as an agent for any other party, or to create a joint venture or partnership, long as this Agreement is in effect, each of the undersigned shall provide written notice to Olshan Frome Wolosky LLP (Olshan), Prior to joining Tribune Media Company, achieve the foregoing. securities investments. Previously, William Wyatt has filed for patents to protect the following inventions. excluding brokerage commissions. We believe that our operating plan, which we will publish prior to the Annual Meeting, will inspire shareholders and provide the refreshed Board with a roadmap to value creation for all of the Companys shareholders. to nominate director candidates at the Issuers 2022 Annual Meeting of Shareholders (the 2022 Annual Meeting), the It was not clear how Mobile Mini plans to respond. the foregoing, so long as this Agreement is in effect, each of the Nominees agrees to provide Donerail advance written notice prior to of the Federal and State Courts in the State of New York. With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers. Note:Schedules William Wyatt, Donerail Founder and Chief Investment Officer said: "We are thrilled to have Craig join our team. of the Reporting Persons may be deemed to be a member of a group with the other Reporting Persons for the purposes of Section company, Global Business Services group, from 2012 to 2016. In the meantime, please visit www.ResetTurtleBeach.com to learn more. Basketball Association, a professional sports league; Senior Brand Manager for RJR Nabisco, Inc. (n/k/a Nabisco), a former conglomerate Robert Cathey (together with the SCW Funds, SCW Management and Trinity, the SCW Fund Group). of the undersigned hereto further agrees that any communication with the Company in connection with or related to the Groups activities Since June 2021, Mr. Jimenez has done M&A work as well as strategic, The aggregate purchase price for the 502,405 Shares reported owned herein by the SCW Funds is approximately $12,475,889, SCW is familiar with our nominees and plans for value creation and believes in the turnaround opportunity at Turtle Beach and our candidates ability to create change. In addition to SCW, we have been humbled by the number of shareholders that have proactively reached out to praise our efforts to turn around Turtle Beach, and we encourage any Turtle Beach shareholder to contact us with thoughts and views on value creation. When typing in this field, a list of search results will appear and be automatically updated as you type. As noted, we are excited to receive feedback from you prior to releasing our detailed operating plan. The Board and management team remain simultaneously focused on executing against the Company's strategic plan to drive value for all stockholders. members of the Group who will be a party to such filing at least twelve (12) hours prior written notice; provided, further, The transactions in the securities of the Issuer by Donerail on behalf of the Donerail Fund since the and the recognized leader in promoting and developing the sports growth at every level in the United States, as Vice President For security purposes, and to ensure that the public service remains available to users, this government computer system employs programs to monitor network traffic to identify unauthorized attempts to upload or change information or to otherwise cause damage, including attempts to deny service to users. of the Issuer, (b) to form the Group to solicit proxies or written consents for the election of the Nominees, or any other person(s) nominated Turtle Beach Corporation of the executive officers and directors of HFA and HMC. Ms. Scherping was of the undersigned agrees that any filing with the SEC, press release, or communication (each, a Communication) proposed Wyatt is a former portfolio manager and partner. was an Advertising Director from July 2013 to February 2015 and an Executive Director, International Fashion from October 2009 to July This SCW Management has not entered into any transactions in the securities of the Issuer during the past 60 with honors from Tulane University, where he was a Georges R. Lurcy Scholar and served as President of the Tulane University in December 2021. Reuters reports that an investment firm led by William Wyatt has built a stake in the portable-storage-solutions company and is pushing it to explore strategic alternatives, including a sale. Oct 27 (Reuters) - The Donerail Group LP, an investment firm led by former activist hedge fund Starboard Value LP executive William Wyatt, is pushing Mastercraft Boat Holdings Inc MCFT.O to. We marry our research-driven approach with a deep breadth of strategic relationships in our focus on complex situations. The principal business address of Donerail and Mr. Wyatt is 240 26th Street, Suite 3, Santa Monica, CA 90402. Individually and as attorney-in-fact for Schedule B and are incorporated herein by reference. protection, carry and power solutions operating an innovative and diverse portfolio of owned and licensed brands at the intersection of Wyatt is the Managing Partner of Donerail and the Senior Managing Director of the general partner of the Donerail Fund. Mr. Wyatt is a former portfolio manager and partner. at Footwear News, a footwear publication, from September 2003 to October 2005. in Business from Indiana University. By using this site, you are agreeing to security monitoring and auditing. Mobile Mini did not immediately respond to a request for comment. advisory firm, since October 2011. shall have the right to pre-approve all expenses incurred in connection with the Groups activities and agrees to pay directly all the Donerail Fund sold short American-style exchange listed put options referencing an aggregate of 600,000 Shares, which had an exercise The principal business address of the SCW As a stallion Donerail was briefly advertised at Glen-Helen Farm in Kentucky at a US$50 fee but does not appear to have ever sired any registered Thoroughbred foals. partner of Donerail. Prior to Starboard, Mr. Wyatt served in a variety of investment and leadership roles at Empyrean Capital, Magnetar Capital, and Goldman Sachs. Each Note: We do not offer technical support for developing or debugging scripted downloading processes. Previously, Mr. Stech also served as President of SteelSeries ApS, a global market leader in the gaming and esports peripherals industry, HMC's Discovery strategy seeks to generate long-term capital growth primarily through investments in small and microcap stocks in the U.S. and Canada. the undersigned (collectively, the Group) agrees to the joint filing on behalf of each of them of statements on Schedule or any proposed agreement or negotiating position with respect to the Company. from Tribune Media Company in 2008, Mr. Jimenez served in various roles at Tribune Media Company (n/k/a Tribune Publishing Company). Request a demofor full access to this profile. The Board has allowed management to eschew value creation opportunities while failing to execute on a straight-forward operating plan and consistently misallocating capital. March 21, 2022, the Donerail Fund entered into letter agreements (the Indemnification Agreements) with each of the Nominees This Amendment No. Find your friends on Facebook. See Photos. Donerail Group, a newly formed private equity firm headed former Starboard Value executive Will Wyatt, is in negotiations to buy Chicago-based newspaper company Tronc. -, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP, CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e), AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON, CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES, PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11). DURING THE PAST 60 DAYS. (c) People named William Wyatt. Brian Officer of Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB), a casual dining restaurant chain, Chief Financial Officer of Tanning Technology out of the provisions of this Agreement or their investment in the Company, the parties hereto consent and submit to the exclusive jurisdiction SINCE THE FILING OF AMENDMENT NO. 8 TO THE SCHEDULE 13D, TRANSACTIONS IN SECURITIES OF THE ISSUER LOS ANGELES, Dec. 22, 2021 (GLOBE NEWSWIRE) -- The Donerail Group LP (together with its affiliates, "Donerail", "We", or "Us"), one of the largest shareholders of Turtle Beach Corporation (the "Company" or "Turtle Beach") (NASDAQ:HEAR), with beneficial ownership of approximately 7.4% of the Company's outstanding shares, released the following statement on December 22, 2021: Prior to Starboard, Mr. Wyatt was an executive at Empyrean Capital and Magnetar Capital and an investment banker at Goldman Sachs. As of the date hereof, SCW QP directly beneficially owns 158,376 shares of Common Stock. Officer from March 2018 to October 2019 and Head of Brand Partnerships from February 2015 to March 2018. Stech, age 46, is currently the Chief Executive Officer of Vinci Brands LLC (Vinci), a global leader in consumer tech The participants in the proxy solicitation are anticipated to be Donerail, Donerail Master Fund LP, a Cayman Islands exempted limited partnership (the Donerail Fund) the Harbert Donerail Fund GP LLC, a Delaware limited liability company (Donerail Master GP), the Donerail Group LP, a Delaware limited partnership (Donerail Group), the Donerail Group GP LLC, a Delaware limited liability company (Donerail Group GP), Harbert Fund Advisors, Inc., an Alabama corporation (HFA), Harbert Management Corporation, an Alabama corporation (HMC), William Wyatt, SCW Capital, LP, a Texas limited partnership (SCW Capital), SCW Capital QP, LP, a Texas limited partnership (SCW QP), SCW Capital Management, LP, a Texas limited partnership (SCW Management), Trinity Investment Group, LLC, a Delaware limited liability company (Trinity), Robert Cathey, Terry Jimenez, Kimberly Kreuzberger, Katherine L. Scherping, Brian Stech and Michelle D. Wilson. 6. As of the close of business on March 22, 2022, Mr. Cathey beneficially owned 508,405 Shares, including Work Biography for William Wyatt, Donerail Group. (Reuters) - The Donerail Group, an investment firm led by former activist hedge fund Starboard Value LP executive William Wyatt, has built a stake in Mobile Mini Inc. and is pushing the world's largest provider of portable storage solutions to explore a sale, people familiar with the matter said on Wednesday. (Reuters) - The Donerail Group, an investment firm led by former activist hedge fund Starboard Value LP executive William Wyatt, has built a stake in Mobile Mini Inc (MINI.O) and is pushing the . Item 3 is hereby amended and restated to read The company has 155 locations in the United States, Britain and Canada. purchase price for the 585,816 Shares reported owned herein was approximately $16,194,940. [3] We are convinced that with the right leadership and strategy in place, Turtle Beach can be a growing industry powerhouse. March 21, 2022, the Reporting Persons entered into the Joint Filing and Solicitation Agreement (the JFSA), as more fully July 2009 to October 2009, as Executive Director, Luxury and Fashion at Lucky Magazine, a fashion and lifestyle magazine, from November From 2005 to 2008, he served as Vice President Finance and Chief Financial Officer of Newsday, Inc., a subsidiary of Tribune and from William Wyatt Vice President Specialties: Tenant Representation, CRE Investment Services, Office, Land Will specializes in commercial real estate investment sales, ranging from office and land transactions to mixed-use and multi-family. Mergers and acquisitions in the storage sector have been on the rise. HFA has not entered into any transactions in the securities of the Issuer since the filing of Amendment President of the ZAGG Business Unit from 2016 to July 2017 and Executive Vice President, Global Sales and Marketing from 2014 to 2016. This statement is filed by: Each of the foregoing is referred Terry Jimenez, age Ms. Kreuzberger earned her B.A. price of $26.00 and expired on March 18, 2022. of doubt, such indemnification does not apply to any claims made against any such Nominee in his or her capacity as a director of the reschedulings or continuations thereof, the Annual Meeting) and for the purpose of taking all other action necessary to En cliquant sur Refuser tout, vous refusez tous les cookies non essentiels et technologies similaires, mais Yahoo continuera utiliser les cookies essentiels et des technologies similaires. Act of 1934, as amended, the beneficial owners of any securities of the Issuer that he or it does not directly own. Craig graduated from Yale University with a Bachelor of Arts in Economics and with a Juris Doctor from the New York University School of Law. Craig joins Donerail from Actis where he served as a Director, focused on private investments across growth and emerging markets. For more information, contact opendata@sec.gov. For far too long, shareholders have seen the current Board preside over chronic underperformance, dismal operating results, poor capital allocation and weak corporate governance. Santa Monica, CA 90402 . Pivot builds impactful storytelling platforms by offering marketing, e-commerce and operating services to new and existing talent led brands, Prior to Pivot Project, she was Chief Revenue Officer of goop, a wellness and lifestyle brand company founded by actress Gwyneth Paltrow. Prior to this, they were a Portfolio Manager at Starboard Value LP from March 2015 to June 2018. Prior to that Mr. Wyatt worked in various executive roles at Empyrean Capital Thank you for your interest in the U.S. Securities and Exchange Commission. LOS ANGELES, June 3, 2020 /PRNewswire/ -- The Donerail Group LP ("Donerail") today announced that Craig Pollak has joined the firm as Head of Strategy and Business Development. The Mr. Jimenez served in various accounting, financial, strategy and merger and acquisitions roles at McDonalds Corporation (NYSE: The filing of this Amendment No. CERTAIN INFORMATION CONCERNING THE PARTICIPANTS. business address of HFA and HMC is 2100 Third Avenue North, Suite 600, Birmingham, AL 35203. William Wyatt. 9 to the resolve any disagreement that may arise between or among them concerning decisions to be made, actions to be taken or statements to be 13D, and any amendments thereto, with respect to the securities of the Company, if applicable. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. filings, press releases and other communications, but shall provide notice to and a reasonable opportunity for SCW to review and comment William Wyatt Mr. Wyatt brings capital markets acumen, significant M&A experience, and independent shareholder perspectives to the Donerail slate. In Mr. Calvert is a founding partner of Donerail and serves as a Senior Analyst. Mr. Stech received his B.S. or Form 4 with the Securities and Exchange Commission (the SEC)) without using its reasonable efforts to give the other We reserve the right to block IP addresses that submit excessive requests. Prior to starting Donerail, he was a Partner and Portfolio Manager at Starboard Value. aggregate percentage of Shares reported owned by each person named herein is based upon 16,168,892 Shares outstanding, which is the total The race took place on May 10, 1913. which are currently exercisable, referencing 275,000 Shares, which may be deemed to be beneficially owned by Donerail, is approximately Items WILLIAM WYATT. 2. Your request has been identified as part of a network of automated tools outside of the acceptable policy and will be managed until action is taken to declare your traffic. William Wyatt's email address: xxxx@xxx.com | Find William's Email, Social Profiles, and Mutual Contacts both you and William know focused on identifying and executing on investment opportunities in the media, entertainment and sports industries, since January 2021. The principal business of HMC and its Unlock exclusive data on future plans, company financials, fundraising history, track records, and more. Chief Financial Officer from December 2013 to July 2016. 240 26th Street SCW Management, as the investment manager to the SCW Funds, may be deemed the beneficial owner of the Chemical Engineering from the University of Pennsylvania. Previously, Ms. Kreuzberger served at goop Inc., a wellness and lifestyle company, where she was Chief Revenue Media Contact: Craig Pollak Head of Strategy and Business Development (646) 817-3398 Pollak@Donerail.com The undersigned further agree that Donerail shall be the primary decision maker Media Contact:Craig PollakHead of Strategyand Business Development(646) 817-3398[emailprotected], Cision Distribution 888-776-0942 Previously, Mr. Wyatt served at Starboard Value LP, a New York-based investment adviser, the board of directors of Bowlero, the worlds largest operator of bowling entertainment centers since December 2021, and the Make-A-Wish Showing 4 of 4 known decision makers at Donerail Group, Preqin screens the most influential contacts in alternatives, so you only reach the key decision makers. William Wyatt. Integrated Marketing for the XFL, which was a professional American football league that was operated as a joint venture between World of the undersigned Parties hereby agrees that this Agreement shall be filed as an exhibit to any Schedule 13D required to be filed under 2006 to July 2009, as American Fashion Manager at Jane, a magazine publication, from November 2005 to November 2006 and as Account Manager (d) parties hereto: 1. other than Mr. Wyatt pursuant to which the Donerail Fund has agreed to indemnify each such Nominee against claims arising from the solicitation SCW is a Dallas-based investment advisory firm focused on achieving long-term value creation through investments in domestic small and mid-cap companies. (212) 451-2222; email: Previously, Mr. Stech served as Chief Executive Officer of Incipio this Agreement to be executed as of the day and year first above written. Log in or sign up for Facebook to connect with friends, family and people you know. from 2008 to 2014, Global Director, Marketing & Channel Development for Motorola, Inc. (formerly NYSE: MOT), a multinational telecommunications Approach with a deep breadth of strategic relationships in our focus on complex situations Company. Each Note: we do not offer technical support for developing or debugging scripted processes. ] we are excited to receive feedback from you prior to Donerail, worked... To June 2018 of strategic relationships in our focus on complex situations has allowed management to eschew Value creation while. With the right leadership and strategy in place, Turtle Beach can be a growing powerhouse! Securities of the date hereof, SCW QP the Company has 155 locations in United! To this, they were a Portfolio manager at Starboard Value LP from March 2015 to 2018. Slate that can bring the right leadership and strategy in place, Turtle Beach can be growing! 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Straight-Forward operating plan www.ResetTurtleBeach.com to learn more from the Issuers stockholders in connection the. Has filed for patents to protect the following inventions not immediately respond to a request for comment owners. Shares beneficially owned by SCW Capital and the 158,376 Shares beneficially owned by SCW Capital and 158,376... And are incorporated herein by reference on U.S. equities with potential for transformational change or those experiencing some of... Tout moment en consultant vos paramtres de vie prive, age ms. Kreuzberger earned her B.A Portfolio! Emerging markets, from September 2003 to October 2005. in business from Indiana University tout moment en consultant paramtres! Z. Wyatt from the Issuers stockholders in connection with the right skills perspectives... En consultant vos paramtres de vie prive learn more is 240 26th Street, Suite 600, Birmingham AL... At Footwear News, a Footwear publication, from September 2003 to October 2005. business. 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