THINKING ABOUT INTUIT'S COURSE
- Thursday, 22 October 2009
- News and Analysis
The last issue noted that Intuit had agreed to nominate David Batchelder, a partner and co-founder of Relational Investors, to replace former CEO Stephen Bennett, who decided not to stand for election for a seat on Intuit’s board of directors. As a result, Intuit avoided a proxy fight with Relational withdrawing its three-person slate of nominees and agreeing to a stock standstill provision.
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