Brief: Envestnet Appoints Three New Independent Directors To Board

Envestnet

28/03/2023 13:14

March 28 (Reuters) - Envestnet Inc  ENV.N :
    * ENVESTNET APPOINTS THREE NEW INDEPENDENT DIRECTORS TO
BOARD
    * ENVESTNET INC - APPOINTMENT OF WOLFE AND LANE TO BOARD WAS
MADE
IN REGARDING LONG-TERM COOPERATION AGREEMENT WITH IMPACTIVE
CAPITAL LP
    * ENVESTNET INC - UNDER COOPERATION AGREEMENT, IMPACTIVE HAS
AGREED TO CUSTOMARY STANDSTILL, VOTING, CONFIDENTIALITY AND
OTHER COMMITMENTS
    * ENVESTNET INC - UNDER AGREEMENT, CO HAS AGREED THAT BOARD
WILL
PUT FORTH A PROPOSAL TO DECLASSIFY BOARD AT 2024 ANNUAL MEETING

Source text for Eikon:  ID:nPn8yXKSta 
Further company coverage:  ENV.N 

 ((Reuters.Briefs@thomsonreuters.com;))