Rogers (ROG) Announces Agreement with Starboard Value

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Rogers Announces Agreement with Starboard Value

February 27, 2023 6:50 AM EST

Two Highly Qualified Independent Directors Have Joined the Board

Rogers Continues to Build Strong Momentum for Business with Support of Shareholders

CHANDLER, Ariz.--(BUSINESS WIRE)-- Rogers Corporation (NYSE: ROG) (Rogers or the Company) today announced that it has entered into an agreement (the Agreement) with Starboard Value LP (together, with certain of its affiliates Starboard) regarding the composition of Rogers Board of Directors (the Board), among other things. Starboard is an investment firm that owns approximately 6.5% of Rogers outstanding common stock.

Under the terms of the... More