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Stock impact report

Rapid7 adds three new board directors in settlement with Jana Partners [Yahoo! Finance Canada]

Rapid7, Inc. (RPD) 
Last rapid7, inc. earnings: 2/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.rapid7.com
agreement with activist investor Jana Partners to add three new directors to its board, including one of the hedge fund's partners. The Boston-based company named Wael Mohamed, Mike Burns and Kevin Galligan as new directors. Its board currently has eight members. Rapid7 CEO Corey Thomas said the newcomers, who bring expertise in digital transformation, finance and operations and an investor's view, will "help us sharpen our strategy, strengthen execution and drive greater value creation for our shareholders." Jana managing partner Scott Ostfeld called the engagement with the company "highly constructive" and said "we are encouraged by the steps Rapid7 is taking to enhance its leadership and execution capabilities." Reuters re Read more
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