2018

2019

2020

Legacy Directors Resign & Former Management Exits

Stockholders support investor campaign for change
Al Tobia and Clifford Press elected to Board

Patent Business
Engine Restarted

Cash verified & secured
Wasteful spending eliminated and reallocated to growth initiatives
Marc Booth rejoins CIPO

Board Reconstitution
Begins

Independent directors with investing, public company and oversight experience
Commencement of Absolute Return Capital Allocation Investment Strategy

Board Reconstitution
Completed

Newly reconstituted Board, with exemplary credentials and deep experience, reflects milestone achievement in improved corporate governance

Executive Leadership
Team Appointed

Clifford Press Named CEO Al Tobia Named CIO to advance Absolute Return Investment Strategy

Starboard Value
Strategic Announced

Providing up to $400M in Capital for Strategic Investments and Acquisitions

Starboard Value Strategic
Alliance Completed

Shareholder Approval Received andStrategic Committee formed to review investment opportunities with StarboardValue