Independent proxy advisory firm iss recognizes the need for board change at ceragon to ensure a "more fulsome evaluation of strategic alternatives"

Iss calls out the ceragon board's passive approach and that "lack of clear progress" could send crnt stock lower in the absence of a transaction also notes ceragon's track record of underperformance relative to peers and the risks of standalone execution of its strategy aviat urges shareholders to vote on the gold proxy card for all five aviat nominees to elect directors who will support near- and long-term value creation at ceragon austin, texas , aug. 10, 2022 /prnewswire/ -- aviat networks, inc. (nasdaq: avnw) ("aviat"), the leading expert in wireless transport solutions, today announced that independent proxy advisory firm institutional shareholder services ("iss") has recommended that shareholders of ceragon networks ltd. (nasdaq: crnt) ("ceragon") vote for the removal of two members of ceragon's board of directors ("board"), yael langer and ira palti, at the upcoming extraordinary general meeting of shareholders on august 23, 2022.
AVNW Ratings Summary
AVNW Quant Ranking