Starboard Value, a significant stockholder of Autodesk (ADSK) with an ownership stake valued at more than $500M announced that it has delivered a letter to the Company’s shareholders. The letter said in part: Starboard Value intends to file a preliminary proxy statement and accompanying WHITE universal proxy card with the Securities and Exchange Commission to be used to solicit votes for the election of a slate of director nominees at the 2025 annual meeting of stockholders of Autodes a Delaware corporation….”Nominates Slate of Highly Qualified Director Candidates for Election at Autodesk’s 2025 Annual Meeting: Geoff Ribar, Christie Simons, and Jeff Smith Believes the Company’s Misleading Response Regarding TSR Performance and Investor Day Targets Underscores the Need for Change and Improved Accountability on the Board”
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