Autodesk Inc reaches settlement, appoints three executives on board

Q.  Autodesk Inc on Friday, 11th March reached a settlement with two activist investors appointing three directors to board and avoiding a proxy fight. It also appointed how many executives to its board?
- Published on 14 Mar 16

a. 2
b. 3
c. 4
d. 5

ANSWER: 3
 
Autodesk has reached a settlement with 2 activist investors Eminence Capital LP and Sachem Head Capital over a standstill agreement with Eminence Capital LP and Sachem Head Capital meaning activists will have to cooperate with the board over a certain time period. Scott Ferguson, managing partner of Sachem Head, Tessera Technologies chairman Rick Hill and Kodak chief executive Jeff Clarke to its board.

Related Content

➨ Post your comment / Share knowledge


Enter the code shown above:

(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)
▲