Jana Partners sent a letter to Fiserv Board of Directors stating in short that they're not comfortable with insufficient changes to remediate governance issues and want further "board change".
Jana supports the same of our debit network and also calls for comprehensive review of the entire asset portfolio.
@OP Perhaps eliminate a couple of excess "Vice Chairman" positions? Hmmm???
@a8 https://finance.yahoo.com/markets/stocks/articles/jana-partners-sends-letter-fiserv-140000973.html
She can just say the board is scamming investors and employees of the company by treating this like a PE exit venture
Jana Partners just as upset as the rest of us on that Dhivya contract.
Source?
"Recent failures in executive talent retention and attraction, including allowing senior executives to tie their own employment agreements to the continued service of the CEO, have further damaged the Board's standing with investors"