JANA Partners urges Cooper to launch CEO search
JANA Partners said it sent a letter to Cooper Companies’ board calling for an immediate external search for a new CEO, appointment of a new board chair, and evaluation of potential asset sales.
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Jana Partners urges Cooper Companies to search for new CEO
Activist investor Jana Partners urged Cooper Companies to launch an external CEO search and consider asset sales after recent performance setbacks, saying missteps hurt investor confidence and weighed on the company’s market value.