Xerox Adds Erroll Davis Jr. to Slate of HP Director Nominees
09 Marzo 2020 - 2:50PM
Dow Jones News
By Colin Kellaher
Xerox Holdings Corp. Monday said it has added a 12th nominee to
its proposed HP Inc. board slate following the move by its takeover
target to add another director.
The Norwalk, Conn., printer and copier company said Erroll Davis
Jr., the former chairman and chief executive of Alliant Energy
Corp., joins its 11 previous nominees to HP's board.
Xerox, which has launched a hostile tender offer for larger
rival HP, also plans to wage a proxy battle for control of the Palo
Alto, Calif., company's board
HP in late February named tech veteran Rick Clemmer to its board
and gave Xerox notice that it had 10 days to nominate an additional
candidate.
Xerox on Monday said it is filing a preliminary proxy statement
with the Securities and Exchange Commission in support of its slate
of independent candidates to replace the HP board.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
March 09, 2020 09:35 ET (13:35 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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