Live Breaking News & Updates on டெபோரா கான்ராட்

Stay updated with breaking news from டெபோரா கான்ராட். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Activist investor Starboard nominates directors to Box board


Activist investor Starboard nominates directors to Box board
By Syndicated Content
May 10, 2021 | 7:32 AM
(Reuters) – Activist investor Starboard Value LP on Monday launched a proxy battle to take greater control of cloud services provider Box Inc as it nominated four directors for election to the company’s board.
Starboard, which owns about 8% of Box, had earlier said the company had failed to capitalize on the work-from-home trend during the COVID-19 pandemic, falling behind its cloud computing peers.
Box did not immediately respond to a request for comment.
The activist investor said last week it planned to nominate directors to Box’s board. In response, Box said it does not believe more changes to the board were “warranted or in the best interests of all stockholders,” highlighting that it had added directors to its board under an agreement with Starboard last year. ....

Peter Feld , Akanksha Rana , Deborah Conrad , Saumyadeb Chakrabarty , Box Inc , Intel Corp , Starboard Value , பீட்டர் ஃபெல்ட் , டெபோரா கான்ராட் , பெட்டி இன்க் , இன்டெல் கார்ப் , ஸ்டார்போர்டு மதிப்பு ,

Starboard Puts Forth Box Board Slate Saying Promises Unkept


Starboard Puts Forth Box Board Slate Saying Promises Unkept
The hedge fund says Box hasn t narrowed its valuation gap relative to peers as it said it would two years ago.
Bloomberg | May 10, 2021
Scott Deveau (Bloomberg)  Activist investor Starboard Value has nominated a minority slate for the board of Box Inc. that will pit its nominees against Chief Executive Officer Aaron Levie and two other directors seeking re-election this year.
Starboard said in a letter to the software company’s shareholders it’s put forth four directors for the three seats to be voted on. The additional nominee will give Starboard some flexibility if Box expands the number of seats up for grabs ahead of the annual general meeting. ....

John Mccormack , Xavier Williams , Peter Feld , Scott Deveau , Deborah Conrad , Aaron Levie , Dana Evan , Morgan Stanley , Software Inc , Box Inc , Polycom Inc , Proofpoint Inc , Astrazeneca Plc , Verisign Inc , T Inc , Mcafee Inc , Intel Corp , Domo Inc , Starboard Value , Chief Executive Officer Aaron Levie , New York Based , Managing Member Peter Feld , Redwood City , California Based Box , General Electric , Peter Leav ,