CNBC Television published this video item, entitled “Box CEO: Share price returns show our strategy is working” – below is their description.
After Box reported earnings, Starboard Value nominated its own candidates to the software vendor’s board, citing the company’s poor results. Aaron Levie, Box CEO, spoke with CNBC’s Josh Lipton on the company’s earnings and board nominations. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
Box CEO Aaron Levie sat down with CNBC’s Josh Lipton this week to talk about the company’s feud with activist investor Starboard Value. Starboard has made several accusations against Box, claiming the cloud company is underperforming.
In the interview, Levie discusses his plans to return value to shareholders and says he’d be open to selling the company if it made sense to do so. He also highlights Box’s latest quarterly results to show the company is performing well, despite Starboard’s claims.
Watch the video above to hear highlights from the interview and Levie’s thoughts on the activist shareholder battle within his company.
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