Whitbread investor Corvex calls for board seat, citing strategic challenges
Activist investor Corvex Management urged Premier Inn owner Whitbread to hold a general meeting and add its partner James Gemmel to the board, stating the company's recent strategic review failed to address underlying issues. Corvex, Whitbread's largest shareholder with a 6.4% stake, is seeking a board seat to explore strategic alternatives for the hotel operator. The hedge fund noted that Whitbread's share price has fallen 18% since November 2025.
(Adds details about Whitbread's strategic review, Corvex's call for sale) Sept 22 (Reuters) — Corvex Management has urged Premier Inn owner Whitbread to hold a general meeting to include the activist investor's partner James Gemmel on its board, saying the firm's recent strategic review failed to address underlying challenges. com, +919920570373)