leadership
confidence high
sentiment neutral
materiality 0.40
Rambus board member James Mitarotonda to step down, become advisor; standstill extended
RAMBUS INC
- James Mitarotonda will not seek re-election at 2022 annual meeting; will serve as consulting advisor for one year.
- Standstill agreement with Barington Capital extended until first anniversary of 2022 annual meeting.
- Barington to receive $230,000 cash for consulting services under the Transition Agreement.