Episode Details

This is Proxy Countdown. Welcome to the big show for the week of April 20, 2026 alongside my tag team partner Matt Moscardi. I'm Damion Rallis. On today’s countdown:

Tim Cook changes chairs at Apple

While Corrie Barry loses hers at Best Buy

Activist investors raise the Sackler Sucks flag at Ingles Markets

Shareholders love mergers but hate merger pay

And on the Big Vote, Matt looks at Charles Scharf and his boy band at Wells Fargo

Trade Wire

Top Stories:

30 Filings since April 16

The headlines

Apple Inc. (AAPL):

Tim Cook transitioning to Exec Chair

John Ternus promoted to CEO and director

Art Levinson, current Chair (2011-), will become Lead Independent Director

NETFLIX INC (NFLX): Chair Reed Hastings resigning as of 2026 AGM

SOUTHERN COPPER CORP/ (SCCO)

CEO Oscar Gonzalez Rocha passed away

appointed director Leonardo Contreras Lerdo de Tejada as interim CEO

BEST BUY CO INC (BBY)

Jason Bonfig promoted; succeeding Corie Barry

Corie barry leaving board

David W. Kenny stays as chair

Corie Barry will remain employed as a strategic advisor in a non-executive officer role for six months: base salary will decrease to $1,000,000, will remain eligible for a pro-rated payout of her short-term incentive award for the portion of fiscal 2027 in which she served as CEO, LT equity will continue to vest, and she will remain eligible for executive-level employee benefits

Lululemon names former Nike exec Heidi O'Neill as CEO

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