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Starboard’s Jeff Smith to join Kenvue board in settlement deal, CNBC reports

Starboard’s Jeff Smith to join Kenvue board in settlement deal, CNBC reports

Kenvue (KVUE) has settled its proxy fight with activist Starboard value, CNBC’s David Faber reports, citing sources. According to the sources, Starboard’s Jeff Smith will join Kenvue’s board, along with two new independent directors not affiliated with the activist.

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