Autodesk said in response that the company has had constructive engagement with Starboard over the past year. Should Starboard proceed with nominating a slate of directors, the co

Starboard Value is launching a proxy fight against Autodesk (NASDAQ:ADSK), and intends to nominate director candidates for election at the design software maker's upcoming annual meeting. The activist investor said a reconstituted board is required to "instill accountability,

Starboard Value LP, which has urged a shake-up at Autodesk Inc. for nearly a year, is preparing a proxy fight at the software company, citing “financial and operational underperformance,” a “severe lack of management credibility” and concerns about the company’s full-year guidance.