Bed Bath & Beyond Inc said it appointed five new independent members to its boar...
FILE PHOTO: The sign outside the Bed Bath & Beyond store is seen in Westminster, Colorado, June 22, 2016. REUTERS/Rick Wilking
Last month, activist investors Legion Partners Asset Management LLC, Macellum Advisors GP LLC and Ancora Advisors LLC urged Bed Bath & Beyond to replace its entire board and oust Chief Executive Steven Temares. Following the changes effective May 1, the board will comprise 10 directors, nine of whom are independent and six women, the company said.
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