Quotient Plans To Refresh Its Board In Connection With Cooperation Agreement With Engaged Capital; Five Current Directors To Transition From Roles

Author: Benzinga Newsdesk | June 05, 2023 05:58pm

The company will nominate Kate W. Vanek and Tracey Figurelli to stand for election to Board of Directors at the 2023 Annual Meeting of Stockholders. In addition, David Oppenheimer, Jody Gessow and Lorraine Hariton will not stand for re-election, and Allison Hawkins and Eric Higgs will resign effective as of the 2023 Annual Meeting. With these changes, the Board will be reduced to seven directors, six of whom will be independent, following the 2023 Annual Meeting. Quotient's 2023 Annual Meeting has been scheduled for August 3, 2023. Engaged Capital has agreed to a customary standstill and vote support agreements. 

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