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Stride said it entered a cooperation agreement, appointed Mr. Haggart to its board and named Dr. Guttentag as board observer. The company also formed a Capital Allocation Committee and said it expects to announce a target capital structure after the committee’s initial review.
Stride said its board appointed Mr. Haggart as a director, while Ms. Lawrence resigned from the board and compensation committee. The company also appointed Dr. Guttentag as a board observer and outlined future board and committee changes after the 2026 annual meeting.