{
  "id": 8278052,
  "title": "Time to Build Better Corporate Governance at BETR",
  "url": "https://urgent.news/2026/09/18/time-to-build-better-corporate-governance-at-betr",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-18T17:11:05.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/time-build-better-corporate-governance-171105878.html"
  },
  "original_language": "en",
  "account": "Better Home & Finance Holding Co. (BETR) ousted its founder, Vishal Garg, in an August coup led by interim replacement, Daniel Lewis from Orange Capital. BETR implemented a poison pill on Aug. 20, which may prevent Garg from naming his own slate of directors. Despite this, Garg's consent solicitation garnered over 45% of shareholder support, short of the 50% threshold needed for victory. Even before proposing board nominees, Garg's solicitation had secured widespread backing, despite the company's shares plummeting 55% since Garg's removal. The sudden departure of Garg sparked a standoff between Lewis and Garg, and BETR has taken the matter to shareholders with a consent solicitation running until Oct. 2. BETR's board has named three potential independent directors, including William Bing Gordon, a Silicon Valley heavyweight, David Heidecorn, a Senior Advisor and former Partner at L Catterton, and Steve Sarracino, Founder and Partner of Activant Capital.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}