1. Cognizant Names 3 Independent Directors After Elliott Deal

    Cognizant Names 3 Independent Directors After Elliott Deal

    PTI Cognizant names 3 independent directors after Elliott deal IT services firm Cognizant today said it has entered into a "cooperation agreement" with activist shareholder Elliott Management and appointed three independent directors to its board...

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    1. Pursuant to the terms of the cooperation agreement, the Cognizant board of directors has agreed to continue the ongoing process of refreshing the board by appointing three new independent directors.
    2. In an evolving industry, Cognizant must continue to invest for growth and the digital transition, while further optimising operations and returning capital to its shareholders.
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