Qorvo (QRVO) announced that its Board of Directors has resolved to increase the size of the Board from nine to ten directors and to include Peter Feld as one of the company’s director nominees in its proxy statement for the company’s 2025 Annual Meeting of Stockholders. The Board has also resolved to recommend that stockholders vote in favor of all company director nominees, including Feld, at the 2025 Annual Meeting. Given the company’s intention to nominate Feld, Starboard has agreed to rescind its nomination notice.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on QRVO:
- Jeffrey Smith’s Starboard Value buys Qorvo, cuts Pfizer in Q1
- Buy/Sell: Wall Street’s top 10 stock calls this week
- Qorvo Inc. Earnings Call Highlights Growth Amid Challenges
- Nvidia initiated, Starbucks downgraded: Wall Street’s top analyst calls
- Qorvo’s Balanced Outlook: Hold Rating Amid Growth Opportunities and Risks