Engaged Capital, which identifies itself as an investment firm specializing in enhancing the value of small and mid-cap North American companies and “a top shareholder” of V.F. Corporation, the owner of The North Face and Vans brands, issued a presentation highlighting what it calls “the actionable and significant opportunities for long-term value creation” at the company. Engaged outlines actions it sees having the “potential to triple VF Corp.’s share price in less than three years” and expresses a desire to “work with company leadership” to refresh the board and “drive sustained value.” The firm shared a presentation delivered at the 13D Monitor Active-Passive Investor Summit related to its V.F. Corporation plan.
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