Velodyne Lidar founder plans to nominate directors next year -letter

Velodyne Lidar founder plans to nominate directors next year -letter

3 years ago
Anonymous $BH0TGXkyPe

https://www.reuters.com/article/velodyne-lidar-board/velodyne-lidar-founder-plans-to-nominate-directors-next-year-letter-idUSKBN2HB1FY

Velodyne Lidar's founder and biggest shareholder on Thursday warned that he plans to nominate two directors to the board next year amid frustration with the sensor supplier's falling stock price, high executive pay, and the board's failure to focus more on new research.