peter feld starboard

A strong external candidate that the CEO search committee was considering withdrew because of a professional conflict, according to Feld’s letter. (Reporting by Svea Herbst-Bayliss in Boston and Greg Roumeliotis in New York; Editing by Cynthia Osterman). Reporting by Svea Herbst-Bayliss in Boston and Greg Roumeliotis in New York; Editing by Cynthia Osterman and Richard Chang. Peter Feld is a Managing Member, Portfolio Manager and the Head of Research of Starboard Value LP. Feld and two other directors who joined AECOM’s board as part of a settlement in November that averted a proxy contest voted against Rudd’s appointment. The Starboard Value investment strategy launched in 2002. (Reuters) - Hedge fund Starboard Value LP managing member Peter Feld stepped down from AECOM's ACM.N board in protest over the selection of a new chief executive that … “Starboard remains a large shareholder of AECOM, and we reserve our rights to take any action we deem necessary to continue to represent the best interests of all shareholders,” Feld wrote. June 15 (Reuters) - Hedge fund Starboard Value LP managing member Peter Feld stepped down from AECOM’s board in protest over the selection of a new chief executive that sidestepped a search process that he oversaw, the U.S. engineering company disclosed on Monday. Our Standards: The Thomson Reuters Trust Principles. Rudd removed his name from consideration for the CEO role earlier in the process, the letter said. “Starboard remains a large shareholder of AECOM, and we reserve our rights to take any action we deem necessary to continue to represent the best interests of all shareholders,” Feld wrote. AECOM said on Monday it had promoted Poloni to president. Members of a CEO search committee of AECOM’s board were still engaging with “highly qualified candidates” and could have concluded their search within weeks, when the company’s board decided to pick Rudd to succeed CEO Michael Burke in October, the letter stated. © 2020, All Rights Reserved. They were defeated in the vote by seven AECOM directors, including Burke, who backed Rudd. Starboard Value began as part of Ramius Capital in 2002. Previously, Mr. Feld served on the boards of AECOM, Marvell Technology Group Ltd., The Brink’s Company, Insperity, Inc., Darden Restaurants, Inc., Tessera Technologies, Inc., Unwired Planet, Inc., Integrated Device Technology, Inc., CPI Corp. and SeaChange International, Inc.  Mr. Feld graduated from Tufts University, where he received a B.A. Prior to founding Starboard in 2011, Mr. Feld was a Managing Director and Head of Research at Ramius LLC for the funds that comprised the Value and Opportunity investment platform. A strong external candidate that the CEO search committee was considering withdrew because of a professional conflict, according to Feld’s letter, which did not identify the candidate. (Corrects number of directors who voted for Rudd in 5th paragraph to seven instead of six). Feld quit after the board held a meeting without a previously disclosed agenda to vote on the promotion of Chief Financial Officer Troy Rudd to CEO, according to Feld’s June 12 resignation letter that the company published on Monday. Prior to founding Starboard in 2011, Mr. Feld was a Managing Director and Head of Research at Ramius LLC for the funds that comprised the Value and Opportunity investment platform. The search committee wanted the new CEO to have experience leading a large business, a qualification that Rudd did not meet based on his finance background, according to the letter. Peter Feld is a Managing Member, Portfolio Manager and the Head of Research of Starboard Value LP. Hinman, however, failed to get enough backing on AECOM’s board, the sources said. board in protest over the selection of a new chief executive that sidestepped a search process overseen by him, the U.S. engineering company disclosed on Monday. June 15 (Reuters) - Hedge fund Starboard Value LP managing member Peter Feld stepped down from AECOM’s board in protest over the selection of a new chief … Peter has 1 job listed on their profile. They were defeated in the vote by seven AECOM directors, including Burke, who backed Rudd. All quotes delayed a minimum of 15 minutes. Rudd rejoined the CEO search process six weeks ago, one of the sources said. The identify of that candidate was not disclosed. Peter A. Feld serves as Independent Director of the … His promotion was seen by the majority of AECOM’s board as providing certainty to the market and helping retain talent, including Lara Poloni, AECOM’s European business chief who was considering leaving for another company, the sources said. Mr. Feld is currently Chair of the Board of GCP Technologies Inc. and serves on the boards of Magellan Health, Inc. and NortonLifeLock Inc. (f/k/a Symantec Corporation). Rudd rejoined the CEO search process six weeks ago, one of the sources said. Our Standards: The Thomson Reuters Trust Principles. “Since I cannot, and will not, support the board practices that culminated in this selection, I am resigning from the board with immediate effect,” Feld, who chaired the CEO search committee, wrote in the letter. AECOM and Starboard declined to comment. Hinman, however, dropped her candidacy after failing to get enough backing on AECOM’s board, the sources said. Rudd removed his name from consideration for the CEO role earlier in the process, the letter said. The Firm spun-off in March 2011 and has subsequently operated independently. View Peter Feld’s profile on LinkedIn, the world's largest professional community. See here for a complete list of exchanges and delays. See Peter A Feld's compensation, career history, education, & memberships. The search committee wanted the new CEO to have experience leading a large business, a qualification that Rudd did not meet based on his finance background, according to the letter. See here for a complete list of exchanges and delays. Peter A Feld is Portfolio Mgr/Head:Research at Starboard Value LP. Peter Feld biography. in Economics. Starboard hinted at a new board challenge against AECOM when directors are up for re-election next year. “Following a comprehensive six-month search process that considered internal and external candidates, the board concluded that Troy is best suited to lead AECOM at this pivotal time,” AECOM lead independent director Steven Kandarian said on Rudd’s appointment in the statement. His promotion was seen by the majority of AECOM’s board as providing certainty to the market and helping retain talent, including the head of AECOM’s European business, Lara Poloni, who was considering leaving for another company, according to the sources. “Since I cannot, and will not, support the board practices that culminated in this selection, I am resigning from the board with immediate effect,” Feld, who chaired the CEO search committee, wrote in the letter. Starboard, an activist investor, was open to Jacqueline Hinman becoming AECOM’s new CEO, according to people familiar with the deliberations. (Reuters) - Hedge fund Starboard Value LP managing member Peter Feld stepped down from AECOM's ACM.N board in protest over the selection of a new chief executive that sidestepped a search process overseen by him, the U.S. engineering company disclosed on Monday. Starboard, an activist investor, was open to Jacqueline Hinman, the former CEO of engineering firm CH2M HILL Companies who joined AECOM’s board as part of the settlement, becoming AECOM’s new CEO, according to people familiar with the deliberations. Peter A. Feld has served as a Managing Member and Head of Research of Starboard since April 2011. Prior to joining Ramius in February 2005, Mr. Feld was an analyst in the Technology Investment Banking group at Banc of America Securities LLC. Das sagen LinkedIn Mitglieder über Peter Feld: “ Peter has been a fantastic leader&boss and a great example of how you turn around a business in record times and at the same time manage to enthuse a whole team to navigate the ship into one clear direction. Managing Member, Portfolio Manager and the Head of Research. Peter Feld joined Smith and Mitchell in … Starboard’s team of more than 25 professionals brings years of experience to each of their areas of expertise. Starboard hinted at a new board challenge against AECOM when directors are up for re-election next year. Starboard Value LP. Feld quit AECOM’s board after it held a meeting without a previously disclosed agenda to vote on the promotion of chief financial officer Troy Rudd to CEO, according to Feld’s resignation letter dated June 12 that the company published on Monday. All quotes delayed a minimum of 15 minutes. Feld and two other directors who joined AECOM’s board as part of a settlement in November that averted a proxy contest voted against Rudd’s appointment. (Reuters) - Hedge fund Starboard Value LP managing member Peter Feld stepped down from AECOM's. The former CEO of engineering firm CH2M HILL Companies had joined AECOM’s board as part of the settlement. 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