Activist Starboard prepares to launch proxy fight at Autodesk, WSJ reports

Activist Starboard prepares to launch proxy fight at Autodesk, WSJ reports

Activist investor Starboard Value is planning to launch a proxy fight at design-software maker Autodesk, the Wall Street Journal reported on Tuesday. Starboard, which holds more than a $500 million stake in Autodesk, intends to nominate a minority slate of director candidates ahead of the tech company's

Starboard plans Autodesk fight

Starboard Value LP, which has urged a shake-up at Autodesk Inc. for nearly a year, is preparing a proxy fight at the software company, citing "financial and operational underperformance," a "severe lack of management credibility" and concerns about the company's full-year guidance.

Autodesk issues statement regarding Starboard Value's intent to nominate director candidates

SAN FRANCISCO, March 19, 2025 /PRNewswire/ -- Autodesk, Inc. (NASDAQ: ADSK) today issued the following statement addressing Starboard Value LP's ("Starboard") intent to nominate directors for election to the Autodesk Board of Directors:

Sources: activist investor Starboard Value plans to nominate a minority slate of director candidates at Autodesk ahead of the company's coming annual meeting

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Generali Asset Management SPA SGR Makes New $10.46 Million Investment in Autodesk, Inc. (NASDAQ:ADSK)

Generali Asset Management SPA SGR purchased a new position in shares of Autodesk, Inc. (NASDAQ:ADSK – Free Report) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 35,396 shares of the software company’s stock, valued at approximately $10,462,000. A number of other institutional investors and hedge funds have also modified their holdings of the business. […]