Sierra Capital Intends to Nominate Director Candidates to Safeguard Scientifics Board
February 08, 2018 at 05:17 pm EST
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On February 8, 2018, Sierra Capital Investments, L.P. issued a statement announcing that it is preparing to nominate a slate of individuals for election to Safeguard Scientifics, Inc.'s Board of Directors at the Company's 2018 annual meeting of shareholders. The Company added that its intention is to nominate at least 3 of director candidates whom it has submitted for interviews with the Company.
Safeguard Scientifics, Inc. is a provider of capital and relevant expertise to technology-driven businesses. The Company offers strategic, operational and management support to certain of its ownership interests, which include defining short and long-term strategic goals; identifying and planning for the critical success factors to reach these goals; identifying and addressing the challenges and operational improvements required to achieve the critical success factors and, ultimately, the strategic goals; identifying and implementing the business measurements that the Company and others are apply to measure a companyâs success; and identifying sources of and providing capital to drive growth. It also continues to hold relatively small equity interests in other enterprises where it does not exert significant influence and do not participate in management activities. The Company's subsidiaries include Bonfield VII, Ltd., Safeguard Delaware, Inc., SFE Properties, Inc., and others.
SAFEGUARD SCIENTIFICS, INC. 