Better Home & Finance Shareholders Oust Five Directors for Garg
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New York – October 29, 2026 -- Shareholders of Better Home & Finance (NASDAQ: BETR) removed five of the company's eight directors, including Interim CEO Daniel Lewis, after holders of a majority of outstanding shares consented to founder Vishal Garg's solicitation, according to a commentary from proxy adviser Egan-Jones.
Better confirmed the majority consent on October 5, ending the board contest
The reconstituted board is now cut to five seats. The result does not by itself reinstate Garg as CEO. It gives the board access to his product and strategy expertise while the company settles its permanent leadership.
Egan-Jones recommended that shareholders consent FOR the solicitation in its September 15, 2026 research report. The two other leading proxy advisory firms sided with the incumbent board.