Twilio board shakeup prompts renewed activist scrutiny
Publishing timestamp: 2024-04-04 19:18:23
Summary
Twilio has made significant changes to its board and governance, prompting scrutiny from activist investor Anson Funds. The company has been under pressure from activists for almost a year, leading to board tweaks and the resignation of founder and CEO Jeff Lawson. Anson Funds is ramping up its campaign for further changes, including governance improvements and operational reviews.
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Keywords: technology, breaking news, twilio inc, business news, breaking news: technology,
Source: https://www.cnbc.com/2024/04/04/twilio-board-shakeup-prompts-renewed-activist-scrutiny.html