leadership
confidence high
sentiment neutral
materiality 0.55
LivePerson appoints Ryan Vardeman to Board of Directors; Vardeman is principal of Palogic Value Management
LIVEPERSON INC
- Ryan L. Vardeman appointed as Class III director, term expiring at 2027 annual meeting, effective immediately.
- Vardeman is principal and co-founder of Palogic Value Management L.P., a small-cap investment firm.
- Palogic Value Fund LP received ~$1.3M cash, $3.3M notes, 1.59M shares, and 762 preferred shares in the exchange for 2026 notes.
- Vardeman to receive standard director fees and an initial equity grant under the 2019 Stock Incentive Plan.