India, March 19 -- Autodesk Inc. (ADSK) issued a statement in response to Starboard Value LP's intention to nominate directors for election to the Autodesk Board of Directors. Autodesk emphasized its proactive efforts to engage with Starboard by meeting with its representatives and inviting them to share their ideas with the full Board. Additionally, when new directors were added, Autodesk reached out to include Starboard in the process, though Starboard chose not to participate.
If Starboard proceeds with their nomination, the Board's Corporate Governance Committee will review Starboard's candidates as part of our regular director evaluation process. Shareholders are advised that no immediate action is required on their part, Autodesk sai...