Olshan Client Engaged Capital Reaches Agreement with Benchmark Electronics for Board Seat
Olshan client Engaged Capital announced that it has reached an agreement with Benchmark Electronics Inc. where Engaged Capital will have the right to request for Benchmark’s Board of Directors to identify a mutually agreeable, independent director to be added to the Board. The agreement comes off of Engaged Capital’s successful proxy contest at Benchmark Electronics, in which two Engaged nominees were overwhelming elected by shareholders to the Board. Steve Wolosky and Ryan P. Nebel represented Engaged Capital in connection with its agreement at Benchmark Electronics.
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