Alight Names Two New Independent Directors, Dave Guilmette and Coretha Rushing, to its Board of Directors
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Alight, Inc. Class A (ALIT)
Company Research
Source: Business Wire
Company and Starboard Enter into Cooperation Agreement LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Alight, Inc. (NYSE: ALIT) (“Alight” or the “Company”), a leading cloud-based human capital and technology services provider, today announced the appointment of Dave Guilmette and Coretha Rushing as independent directors to its Board of Directors (the “Board”), effective immediately. These appointments have been made in connection with a cooperation agreement (the “Agreement”) entered into between Alight and Starboard Value LP (together with certain of its affiliates, “Starboard”), an investment firm which owns approximately 7.2% of the Company’s outstanding common stock.In addition, as part of an ongoing effort to broaden board composition, the Board and Starboard will also seek to identify and appoint an additional new independent director with relevant executive-level industry experience in benefits administration. During this process, Starboard will have the ability to submit candidates f
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ALIT
News
- Alight, Inc. (NYSE: ALIT) had its price target lowered by analysts at Bank of America Co. from $10.00 to $9.50. They now have a "buy" rating on the stock.MarketBeat
- Alight, Inc. (NYSE: ALIT) had its "buy" rating re-affirmed by analysts at DA Davidson. They now have a $12.00 price target on the stock.MarketBeat
- Alight authorizes $75M accelerated share repurchase pact [Seeking Alpha]Seeking Alpha
- Alight Announces $75 Million Accelerated Share Repurchase AgreementBusiness Wire
- All You Need to Know About Alight (ALIT) Rating Upgrade to Buy [Yahoo! Finance]Yahoo! Finance
ALIT
Earnings
- 5/8/24 - Beat
ALIT
Sec Filings
- 6/18/24 - Form 8-K
- 6/6/24 - Form 8-K
- 6/4/24 - Form ARS
- ALIT's page on the SEC website