Activist Starboard prepares to launch proxy fight at Autodesk, WSJ reports

Quick Summary:

Activist investor Starboard Value is planning to launch a proxy fight at design-software maker Autodesk, the Wall Street Journal reported on Tuesday.

Autodesk and Starboard did not immediately respond to a Reuters request for a comment.

In August, the activist investor urged Autodesk to change its CEO and trim costs due to the company missing its financial targets and underperformance.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Planning Experience Value Starboard Investors Activist Financial Investor Mediacorp Autodesk Company

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-19 @ 08:26:37 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 213 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 27162073

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

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Year Established: 1999

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News Last Updated: 1 hours ago

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Publisher ID: #27

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