Fortrea to Add Erin L. Russell to Board of Directors
Fortrea Holdings Inc. (FTRE)
Company Research
Source: GlobeNewswire
DURHAM, N.C., Feb. 21, 2025 (GLOBE NEWSWIRE) -- Fortrea (Nasdaq: FTRE), a leading global contract research organization (CRO), today announced that it will appoint Erin L. Russell, a financial and healthcare executive, as a new independent member of the Company’s Board of Directors (the “Board”) effective immediately prior to the next regularly scheduled meeting of the Board. Ms. Russell is being appointed in connection with a cooperation agreement (the “Agreement”) between Fortrea and Starboard Value LP (together with its affiliates, “Starboard”), an investment firm that owns approximately 5.4% of the Company’s outstanding common stock. “We are pleased to have reached a constructive agreement with Starboard, and we appreciate its ongoing engagement and helpful input,” said Tom Pike, chairman and CEO, Fortrea. “We believe this agreement is in the best interests of Fortrea and all our stakeholders. Erin brings valuable experience to the Board, and we look forward to working with her
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News
- Why Fortrea (FTRE) Stock Is Up Today [Yahoo! Finance]Yahoo! Finance
- Why Fortrea (FTRE) Stock Is Trading Up Today [Yahoo! Finance]Yahoo! Finance
- Fortrea (NASDAQ:FTRE) had its price target raised by analysts at Mizuho from $11.00 to $13.00. They now have a "neutral" rating on the stock.MarketBeat
- Fortrea (NASDAQ:FTRE) was upgraded by analysts at Barclays PLC from a "strong sell" rating to a "hold" rating.MarketBeat
- Fortrea (NASDAQ:FTRE) was given a new $15.00 price target on by analysts at Barclays PLC.MarketBeat
FTRE
Earnings
- 11/5/25 - Miss
FTRE
Sec Filings
- 11/20/25 - Form 8-K
- 11/14/25 - Form SCHEDULE
- 11/5/25 - Form 10-Q
- FTRE's page on the SEC website