March 23 - 14:03
109D
Box appoints three new directors as Starboard exerts influence
Activist investor Starboard, which took shares in cloud storage firm Box last year, will place three new members on its board. Jack Lazar joins Box's board immediately ahead of a second individual who will be chosen from Starboard's pool of candidates. It will then select a third new member in June. Starboard is Box's third largest shareholder and was widely expected to deepen its involvement.
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