David Hall Comments on the Election of Eric Singer to Velodyne Lidar’s Board of Directors Based on Preliminary Meeting Results
SAN JOSE, Calif.–(BUSINESS WIRE)–David Hall, the largest holder of outstanding common stock of Velodyne Lidar, Inc. (NASDAQ:VLDR) (“Velodyne Lidar” or the “Company”), today commented on the preliminary results of the Company’s 2021 Annual Meeting of Stockholders (the “Annual Meeting”). Based on preliminary voting results provided by the inspector of elections, Eric Singer – Mr. Hall’s nominee – has been elected to Velodyne Lidar’s eight-member Board of Directors (the “Board”).
Mr. Hall commented:
“Marta and I are very pleased that stockholders have elected Eric to the Board at this critical point in time. He can bring sorely-needed accountability to the Board, which has demonstrated a fundamental…