1. ISS Says Support for Starboard Nominees at Box Unwarranted

    ISS Says Support for Starboard Nominees at Box Unwarranted

    (Bloomberg) -- Activist investor Starboard Value’s effort to revamp the board of Box Inc. was dealt a blow Monday with a prominent shareholder advisory firm urging investors not to support to its director nominees. Institutional Shareholder Services Inc. said investors should support two of the three nominees put forth by the company and withhold support for incumbent lead director Dana Evan due to her longstanding presence on the board and the lingering governance concerns at the software company. The firm said investors should support the re-election of Chief Executive Officer Aaron Levie and Peter Leav in a shareholder vote slated ...

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