CooperCompanies ousts CEO, taps new board chair amid investor pressure
CooperCompanies has replaced its CEO, appointed a new executive chairman, and outlined additional board changes following a call by activist investor JANA Partners for sweeping action to address the company's underperformance. Weeks after activist investor JANA Partners urged CooperCompanies to immediately begin an external search for a new CEO and appoint a new board chair, the medical device company on Oct. 27 announced a leadership shake-up and planned board changes, saying the moves are i...
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