Kenvue settles proxy fight with activist Starboard, sources tell CNBC
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Kenvue has settled a proxy fight with activist investor Starboard, according to sources. This resolution may impact Kenvue's governance and strategic direction.
March 05, 2025 | 1:15 pm
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Kenvue has resolved a proxy fight with activist investor Starboard, which could influence the company's governance and strategic decisions.
The settlement of a proxy fight with an activist investor like Starboard suggests potential changes in Kenvue's governance or strategic direction, which could be viewed positively by investors seeking proactive management.
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