Apr 22, 2025 activistcompany

Qorvo, Inc (QRVO) to Nominate Starboard’s Feld; Starboard Withdraws Its Nomination

Key Summary: On April 14, 2025, Starboard nominated Peter A. Feld to the Board. On May 19, 2025, the company announced plans to nominate Starboard’s Peter A. Feld to its Board following constructive engagement. In turn, Starboard withdrew its prior nomination of Feld.

Market Cap: $5.5 billion | Qorvo, Inc. engages in development and commercialization of technologies and products for wireless, wired, and power markets worldwide.

On April 14, 2025, Starboard (8.9%) delivered a letter to the company nominating Peter A. Feld, Managing Member, Portfolio Manager and Head of Research of Starboard, for election to the Board at the 2025 AGM. Source

On May 19, 2025, the company announced its intention to nominate Peter A. Feld, Managing Member, Portfolio Manager and Head of Research of Starboard Value LP, for election to the Board at the 2025 Annual Meeting of Stockholders, following constructive engagement between the company and Starboard. In connection with this announcement, on May 19, 2025, Starboard delivered a notice to the company withdrawing its nomination of Mr. Feld for election to the Board at the Annual Meeting. Source

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