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Twilio Criticized by Investor After Board Change

Twilio draws scrutiny from an activist investor after changing several members of its board. Twilio, a communications software vendor for Domino's, the American Red Cross, and others, has reportedly drawn criticism for its recent board and governance changes, a move that seemed like the company's way of appeasing its investors in the first place.
United Kingdom Jeff Lawson Sagar Gupta Byron Deeter Aldohn Domingo Andy Stafman

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Twilio Asks Investors to Back New Board Terms; Deeter to Exit

(Bloomberg) -- Twilio Inc., a software company that has been challenged by activist investors, is asking shareholders to change its board director terms to one year from three beginning in 2025.Most Read from BloombergKim Jong Un Faces Annihilation in Most Korea War ScenariosApple Explores Home Robotics as Potential ‘Next Big Thing’ After Car FizzlesTSMC Facilities to Resume Production Overnight After QuakeA Million Simulations, One Verdict for US Economy: Debt Danger AheadTrump Me...
Brody Ford Bloomberg Businessweek Sagar Gupta Byron Deeter Jeff Lawson Khozema Shipchandler
Source: yahoo.com

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