Cognyte Software (CGNT) has released an update.
Cognyte Software Ltd. has urged shareholders to vote in favor of its Chairman Earl Shanks and CEO Elad Sharon at the upcoming Annual Meeting, emphasizing their pivotal roles in the company’s recent business momentum and improved financial performance. The company has also recommended voting for its CEO compensation plan amendments, asserting that it aligns pay with performance and matches industry standards. Cognyte highlighted its commitment to corporate governance, while also advising against electing Value Base Fund’s nominee, Tal Yaacobi, to its Board, citing potential adverse effects on the Board’s strength.
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