
#Tripadvisor has reached an agreement with its shareholder #StarboardValue which will see four new directors join Tripadvisor’s board.
The move follows a letter sent by Starboard last month to CEO #MattGoldberg, chairman #GregMaffei and the directors regarding the lack of change and value creation at Tripadvisor.
#Starboard owns more than 9% of the company and has provided feedback to Tripadvisor’s management on a number of occasions about the company's #performance.
Read Linda Fox's latest article now on #PhocusWire now.
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