Starboard Seeks Board Overhaul at TripAdvisor Ahead of 2026 Meeting

Reuters02-17

Starboard Seeks Board Overhaul at TripAdvisor Ahead of 2026 Meeting

Starboard Value LP, a significant shareholder of TripAdvisor Inc., has delivered a letter to Greg Maffei, Chairman of the Board, and Matt Goldberg, Chief Executive Officer, highlighting concerns over the company’s prolonged underperformance and urging decisive action to enhance shareholder value. Starboard Value announced its intention to nominate a majority slate of director candidates for election at TripAdvisor’s 2026 annual meeting and recommended that the company explore a potential sale in one or multiple transactions. Starboard Value plans to file a preliminary proxy statement to solicit votes for its nominees at the upcoming shareholder meeting.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TripAdvisor Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202602170700BIZWIRE_USPR_____20260217_BW450793) on February 17, 2026, and is solely responsible for the information contained therein.

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