Dolby Laboratories (DLB) has released an update.
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Following the Annual Meeting, the Board has made key changes to its committee memberships. These changes include new line-ups for the Audit, Compensation, Nominating and Governance, Stock Plan, and Technology Strategy Committees, ensuring that all members meet the independence criteria set forth by the SEC and the NYSE. This restructuring reflects the company’s commitment to maintaining rigorous governance standards and optimizing its strategic approach to technology and finance.
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For a comprehensive understanding of the announcement, you can read the full document here.