1. Cars.com Agrees to add Activist investor Starboard's Nominees to its Board

    Cars.com Agrees to add Activist investor Starboard's Nominees to its Board

    Cars.com Inc. CARS, +0.30% said Friday it has agreed to appoint activist investor Starboard Value LP's nominees to its board of directors, and expand the size of the board to 11 members from eight. The appointees will be Michael Kelly, chief executive of investment firm Kelly New Ventures and former CEO of The Weather Channel Companies, Bryan Weiner, executive chairman of digital advertising agency 360i and an additional independent director to be agreed upon later...

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