Activist Starboard Value did not nominate any directors to Pfizer’s (PFE) board ahead of a January 25 deadline for the company’s annual meeting in April, Damian Garde and Crystal Tse of Bloomberg report, citing people familiar with the matter. The news removes some of the pressure on Pfizer CEO Albert Bourla, but Starboard, which took a $1B stake in the company late last year, could still propose changes to the board in 2026 if the two sides don’t reach a settlement before then, Bloomberg says.
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