Starboard Delivers Letter to Autodesk Shareholders (ADSK)

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Starboard Delivers Letter to Autodesk Shareholders

March 19, 2025 8:00 AM EDT

Announces Intent to Nominate Director Candidates for Election at Upcoming Annual Meeting

Highlights the Companys Prolonged Financial and Operational Underperformance and Ineffective Board Oversight

Outlines Path to Achieve 45% Underlying Adjusted Operating Margins by FY2028

Believes a Reconstituted Board is Required to Instill Accountability, Rebuild Credibility, Restore Investor Confidence and Improve Performance

Remains Open to Engaging Constructively with Management and the Board

NEW YORK--(BUSINESS WIRE)-- Starboard Value LP (together with its affiliates, Starboard), a significant... More