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Twilio | DEFA14A: Others

SEC announcement ·  Apr 4 06:15
Summary by Moomoo AI
On April 3, 2024, Twilio Inc., a leading customer engagement platform, announced the retirement of Byron Deeter from its Board of Directors. Deeter, who has been a director since 2010, will not seek reelection and will retire prior to the 2024 Annual Meeting of Shareholders. His departure is not due to any disagreements with the company's operations or policies. Concurrently, Twilio's Board has approved a proposal to declassify the Board, subject to shareholder approval at the 2024 Annual Meeting. If approved, this will result in directors being elected to one-year terms starting from the 2025 Annual Meeting. The Board will be reduced from ten to nine members following Deeter's retirement. The company has filed a Form 8-K with the SEC to provide additional information on these changes.
On April 3, 2024, Twilio Inc., a leading customer engagement platform, announced the retirement of Byron Deeter from its Board of Directors. Deeter, who has been a director since 2010, will not seek reelection and will retire prior to the 2024 Annual Meeting of Shareholders. His departure is not due to any disagreements with the company's operations or policies. Concurrently, Twilio's Board has approved a proposal to declassify the Board, subject to shareholder approval at the 2024 Annual Meeting. If approved, this will result in directors being elected to one-year terms starting from the 2025 Annual Meeting. The Board will be reduced from ten to nine members following Deeter's retirement. The company has filed a Form 8-K with the SEC to provide additional information on these changes.
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