Activist investor Starboard Value nominates 3 candidates to Algonquin Power & Utilities Corp.'s board, aiming to address governance and value creation issues.

Activist investor Starboard Value nominated three candidates - Brett Carter, Chris Lopez, and Rob Schriesheim - to join Canadian utility Algonquin Power & Utilities Corp.'s board, aiming to address significant governance and value creation issues at the company. Starboard Value is the largest shareholder of Algonquin Power & Utilities Corp. The company's shareholder meeting is scheduled for June 4th.

March 21, 2024
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