Highlights ISS View that Starboard Has Been Key Driver of Positive Change at Box and Notes ISS Concerns with Recent KKR-Led Financing
ISS Recommends Withholding Votes for Dana Evan
ISS States that Starboard's "Interactions with and Pressure on the Company Have Clearly Been Beneficial" and that Starboard "Deserves Significant Credit for the Changes that Have Taken Place Since it Reached a Settlement" with Box
ISS Agrees with Starboard that the KKR Preferred Equity Financing Raises Governance Concerns, Calling it a "Head Scratcher"
ISS Recognizes the Board's "Reluctance to Proactively Embrace Good Governance Absent Pressure from a Major Shareholder"
ISS Highlights "Lingering Governance Issues" and Long-Tenure in Recommending Box Stockholders Withhold Votes on the Election of Dana Evan
Starboard Urges All Stockholders to Vote on the WHITE Proxy Card for the Election of Starboard's Highly Qualified Nominees
PR Newswire
NEW YORK, Aug. 24, 2021
