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In 2011, Icahn criticized the company for a variety of issues including underwhelming stock performance and management concerns. He is known as an activist investor who often tries to shake up companies after buying their stock. There are 10 directors on the company's board, including Chairman and CEO Howard Solomon. Forest directors are elected to one-year terms. Shares of Forest rose 5 cents to $33.66 Wednesday. The stock reached an annual low of $28.47 in December and has since risen 18 percent. However shares traded as high as $40.52 after Icahn made his previous nominations.
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