2U Inc. (TWOU) has issued an announcement.
2U, Inc. expanded its Board of Directors to nine members and appointed Ivona Smith as a Class II Director, effective May 9, 2024. Smith’s term is set to conclude at the 2025 Annual Meeting of Stockholders, with her tenure contingent on standard conditions of service continuation. She will not initially serve on any Board committees but will receive a monthly fee of $30,000 for her directorship, as per her Independent Director Agreement with the company. Smith has no material interests in any transactions that would require disclosure.
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