(Corrects headline and text to clarify that the two independent directors were not Starboard’s nominees)
(Reuters) – U.S. industrial equipment manufacturer Rogers Corp said on Monday it has entered into an agreement with Starboard Value LP to add two independent directors to the company’s board.
Rogers said it has appointed former Linde plc executive Anne Roby and former chief of C&D Technologies Inc Armand Lauzon as new independent directors.
Upon completion of the company’s annual meeting, the board will be composed of nine members, eight of whom are independent, Rogers added.
(This story has been corrected to clarify that the two independent directors were not Starboard’s nominees in the headline and in paragraph 1)
(Reporting by Pratyush Thakur in Bengaluru; Editing by Shailesh Kuber)
