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Source: REUTERS, 1/20/21
Starboard LP is planning to take control of agricultural company Corteva Inc's board and replace its Chief Executive Officer Jim Collins, the Wall Street Journal reported late on Wednesday, citing people familiar with the matter. The activist investor has privately nominated eight directors to Corteva’s 12-person board, the Journal reported, adding that Starboard is aiming to oust Collins over 'mediocre performance’.
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