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.
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