NasdaqGS:SNPSSoftware
Synopsys Brings Elliott’s Jesse Cohn Onto Board As Valuation Stays Rich
Synopsys (NasdaqGS:SNPS) has appointed Jesse Cohn, a partner at Elliott Management, to its Board of Directors.
The appointment comes as part of a new cooperation agreement between Synopsys and Elliott Management that includes board representation and voting commitments.
This is the first major corporate governance adjustment at Synopsys in recent periods that brings an activist investor directly into the boardroom.
Synopsys enters this governance shift with its shares at $525.92 and multi...