Starboard Value has asked Pfizer to set up a special committee to investigate allegations that two of its former senior ...

Starboard's Jeff Smith called on the company to assemble a special committee to investigate the matter, describing it as ...

Former Pfizer CEO Ian Read and ex-CFO Frank D'Amelio said they will not be involved with activist investor Starboard Value, ...

Pfizer Inc.’s stock dipped early Thursday after two of its former executives said they would not support an effort by activist shareholder Starboard Value to orchestrate a turnaround. “We have decided ...

Starboard Value LP (together with its affiliates, "Starboard" or "we"), a significant shareholder of Pfizer Inc. (NYSE: PFE) ("Pfizer" or the "Company"), today issued the below letter to Company's ...

"We have decided not to be involved in the efforts of Starboard Value regarding Pfizer. We are fully supportive of Pfizer ...

Former Chief Executive Ian Read and ex-Chief Financial Officer Frank D'Amelio said they decided not to be involved in Starboard Value's campaign, and expressed support for current Chairman and CEO ...

With Pfizer’s revenue and share price slumping after the drugmaker skyrocketed to new heights during the pandemic, the ...

Pfizer's shares have fallen more than 9% in the past year and trade at around half of their pandemic-era highs as sales of ...

The reversal marks a twist in an unusual corporate clash. While activists occasionally team up with major shareholders, such as when Nelson Peltz joined former Marvel executive Isaac Perlmutter in a ...

Pfizer's ex-chair and chief executive Ian Read and Frank D'Amelio – previously the drugmaker's finance chief – have issued a ...

Activist investor Starboard Value has taken a stake of about $1 billion in Pfizer Inc. and is seeking to spur a turnaround of ...