tiprankstipranks
Zuora Strengthens Board and Governance with Strategic Alliance
Company Announcements

Zuora Strengthens Board and Governance with Strategic Alliance

Don't Miss our Black Friday Offers:

An announcement from Zuora (ZUO) is now available.

Zuora, Inc. has struck a Cooperation Agreement with Scalar Gauge Fund and affiliated entities, resulting in the appointment of experienced executive John D. Harkey, Jr. to its Board of Directors. Harkey, with a wealth of leadership across various sectors, joins the Board and key committees, bringing strategic insight to the company. The agreement also sets guidelines for Scalar Gauge’s stake and actions in the company, including a standstill period with voting provisions aligned with the Board’s recommendations, and outlines conditions for early termination. This alliance aims to enhance governance and drive value for shareholders, signaling a forward-looking step for Zuora’s market positioning.

Learn more about ZUO stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyZuora announces new data center in Japan is live
TheFlyZuora downgraded to Hold from Buy at Needham
TheFlyZuora downgraded to Hold from Buy at Lake Street
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App