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0 0.00694745983499783 0.00911854103343469 0.0147633521493704 0.0204081632653061 0.0212765957446808 0.0264871906209292 0.0243161094224923
Stock impact report

Lifeway shareholder launches campaign to replace board [Yahoo! Finance]

Lifeway Foods, Inc. (LWAY) 
Last lifeway foods, inc. earnings: 5/18 05:59 pm Check Earnings Report
US:NASDAQ Investor Relations: lifewaykefir.com/investor-relations
Company Research Source: Yahoo! Finance
Edward, the brother of Lifeway's CEO Julie, owns 4,163,141 shares of common stock in the US-based kefir maker alongside their mother, Ludmila. He has filed a notice to elect new directors at its next annual meeting. "Lifeway Foods has reached an inflection point," a statement issued yesterday (17 March) on behalf of Edward and Ludmila read. "The board's continued deference to the CEO has raised serious governance concerns, and it must now demonstrate in court that its actions align with its fiduciary responsibilities to shareholders." The "new slate of independent directors" suggested in the "2025 Lifeway Foods Proxy Campaign" includes Edward and Ludmila. Edward previously held CFO, COO, director and controller roles at the company, while Ludmila is a co-founder and former chair of the board. Other suggested new directors include George Sent, an investment banker for the food and drink industry and former Lifeway chief independent director. The Smolyanskys have been dis Show less Read more
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