LivePerson, Inc. (NASDAQ: LPSN) (“LivePerson” or the “Company”), a global leader in conversational AI, today announced that Vanessa Pegueros, Bruce Hansen and Yael Zheng have joined the board of directors of the Company (“Board”) pursuant to the previously announced agreement with Starboard Value (“Starboard”).
“LivePerson is proud to be a trusted provider of industry-leading customer engagement solutions and AI innovations for many of the world’s largest consumer brands,” said Rob LoCascio, founder, chairman and CEO of LivePerson. “Vanessa, Bruce and Yael bring a wealth of expertise in data analytics, AI and cloud software at scale that will complement the deep skills and experience represented on our board as we advance our goals for profitable growth and continued leadership in the Continue implementing consumer engagement and conversational AI. We look forward to welcoming Vanessa, Bruce and Yael and benefiting from their perspectives on our board.”
“We are pleased to welcome Vanessa, Bruce and Yael to the LivePerson Board of Directors,” said Jill Layfield, LivePerson’s Lead Independent Director. “These appointments build on LivePerson’s ongoing process of identifying new independent directors with complementary skills and advance our commitment to expanding expertise and perspectives in our boardroom. We look forward to benefiting from their insights as LivePerson expands remains focused on delivering industry-leading solutions.” profitable growth and enhanced shareholder value.” On behalf of the Board, I would also like to thank our Nominating and Governance Committee Chair, Bill Wesemann, for his commitment to a focused renewal process of the Board to bring diverse and impactful skills, expertise and experience add prospects for our board.”
“We are pleased to have completed the board appointments as contemplated in our previously announced agreement with LivePerson,” said Peter Feld, executive director of Starboard. “We are confident that Vanessa, Bruce and Yael, with their fresh perspectives and expertise, will help the company continue to execute on its plans for profitable growth and increased value creation.”
With these appointments, LivePerson’s board will consist of nine directors, eight of whom will be independent and nearly half of whom have joined the board within the last two years. These appointments were unanimously approved by the LivePerson Board of Directors.
