Key facts
- ISS and PIRC recommended shareholders vote against Corvex's proposal.
- Whitbread stated Corvex's proposal risks disrupting its Five-Year Plan.
- Glass Lewis recommended in favor of Corvex's proposal.
Whitbread PLC, the owner of Premier Inn, announced on October 26, 2026, that it has received backing from leading independent proxy advisers ISS and PIRC. Both firms recommended that shareholders vote against a proposal by Corvex to appoint a director to the Whitbread Board. Whitbread stated that Corvex's proposal is unnecessary and risks disrupting the execution of its Five-Year Plan. While Glass Lewis recommended in favor of Corvex's proposal, Whitbread noted that Glass Lewis agreed with most of the company's arguments. Whitbread continues to engage with shareholders and is encouraged by the support it is receiving.