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flag Billionaire David Tepper slammed Whirlpool's leadership for a costly stock raise and poor returns, urging a sale or merger to boost shareholder value.

flag Billionaire investor David Tepper, through Appaloosa Management, has publicly criticized Whirlpool’s leadership, accusing the company of destroying shareholder value with a recent $1 billion equity raise that he called poorly timed and overly dilutive. flag He highlighted the company’s high cost of equity—over 10%—compared to cheaper debt, and faulted management for not leveraging U.S. tariffs to pursue strategic partnerships or acquisitions. flag Tepper urged the board to prioritize shareholder returns and consider a sale or merger, especially with foreign entities that could boost U.S. jobs. flag Despite selling 29% of its stake, Appaloosa still held $282 million in Whirlpool shares at year-end 2025. flag The stock remains down nearly 32% over the past year, trading at a low valuation amid weak housing demand and industry headwinds, though no immediate turnaround is evident.

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