Icahn letter highlights Mentor CEO's pay
EETimes (4/22/2011 9:10 AM EDT)
LONDON – Billionaire investor Carl Icahn has written an open letter to the shareholders of EDA software licensor Mentor Graphics Corp. attacking the performance of the board, highlighting the CEO's pay and arguing that a board including his nominees need not be focused solely on selling the company.
The letter is part of a battle for control being waged by Icahn and the current board of directors ahead of Mentor's annual shareholder meeting, currently set for May 12. The letter, calling for shareholders to vote for Icahn's three nominees to become directors of the company, follows on from the Mentor board's rejection of a $1.9 billion takeover bid from Icahn.
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |
Related News
- Mentor's CEO on Merger Mania
- Icahn nominees win seats on Mentor's board
- Icahn turns up heat on Mentor's board
- CEO interview: Minima's Tuomas Hollman on why static timing sign-off is over
- Mentor's High Density Advanced Packaging solution certified for Samsung Foundry's most advanced packaging process
Breaking News
- Interview: Aart de Geus on AI-driven EDA
- CXL Testing Leverages PCIe Expertise
- Blue Ocean Smart System Unveils Chiplet-Based Products Powered by VeriSilicon's High-Performance Processors
- POLYN Introduces VibroSense, Industry-First Application-Specific Vibration Pre-Processing Chip Design
- Renesas Expands RISC-V Embedded Processing Portfolio with New Voice-Control ASSP Solution
Most Popular
- Report: Arm proposes change to IP royalty model
- Synopsys.ai Unveiled as Industry's First Full-Stack, AI-Driven EDA Suite for Chipmakers
- China forms its own chiplet standard amid isolation
- Interview: Aart de Geus on AI-driven EDA
- Networking Chip Startup Enfabrica Emerges from Stealth Mode to Solve Scalability and Price-Performance Challenges for AI Growth in Cloud