Stewart Information Services Corp. has entered into an agreement with Starboard Value LP (together with certain of its affiliates, "Starboard") regarding the composition of the Stewart Board of Directors.
Stewart Chief Executive Officer Matthew Morris and a new independent director, Clifford Press, will be appointed to the Board, effective immediately. Morris and Press will replace Malcolm S. Morris and Stewart Morris, Jr., who have agreed to resign after each serving on the Board for 16 years.
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Industry News, People on the Move
Tuesday, October 18, 2016
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Stewart Information Services Corp. has entered into an agreement with Starboard Value LP (together with certain of its affiliates, "Starboard") regarding the composition of the Stewart Board of Directors.
Stewart Chief Executive Officer Matthew Morris and a new independent director, Clifford Press, will be appointed to the Board, effective immediately.
Morris and Press will replace Malcolm S. Morris and Stewart Morris, Jr., who have agreed to resign after each serving on the Board for 16 years.
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