Jonesrecommends that Innovivashareholders VOTE ON THE GOLD CARD FOR GEORGE BICKERSTAFF, JULES HAIMOVITZand ODYSSEAS KOSTAS
Jonesrecommends that shareholders VOTE AGAINST INNOVIVA’SEXECUTIVE COMPENSATION
With the added support of Egan-
“We believe that the independent directors fell short in their fiduciary duties in the process of Sarissa’s dialogue with
“We believe that the Company’s corporate governance practices are flawed in particular how the Nominating Committee scouted for new directors. We believe that the Board’s Nominating Committee failed to follow the due process in screening the candidates for directors and intentionally rejected Sarissa’s attempts to engage in a dialogue as shown by lack of meetings to discuss the qualifications of the nominees.” [Emphasis Added]
“We believe that the proposed new members of the Board will fix the Company’s culture in misallocating its capital as evidenced by
“We believe that the proposed new members of the Board will bring new perspectives in fair compensation practices, policies and procedures that are centered on a competitive pay-for-performance culture and strongly aligned with the long-term interest of its shareholders.” [Emphasis Added]
INNOVIVA DOES NOT MARKET OR SELL ANY DRUGS. IT JUST COLLECTS ROYALTIES.
SO WHY IS INNOVIVA’S SPENDING AND COMPENSATION SO EXORBITANT?
IT IS TIME FOR INNOVIVA TO BE OPTIMIZED FOR SHAREHOLDERS.
Time is of the essence. We urge you to VOTE THE GOLD PROXY CARD to help us fix the problems at Innoviva. If you want to follow the recommendations of ISS, Glass Lewis and Egan-
If you have any questions regarding your GOLD proxy card or need assistance in voting, please contact our proxy solicitor:
STOCKHOLDERS CALL TOLL−FREE: (800) 549−6746
BANKS AND BROKERAGE FIRMS CALL: (212) 269−5550
CERTAIN INFORMATION CONCERNING THE PARTICIPANTS
Consent of the author and publication to use the quotations contained in the material filed herewith as proxy soliciting material was neither sought nor obtained.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/egan-jones-supports-all-three-sarissa-capital-nominees-for-innoviva-board-300438612.html