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Kenvue settles proxy fight with activist Starboard, sources tell CNBC

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Summary
Nutrition label

66% Informative

Starboard 's Jeff Smith will join the board of the Johnson & Johnson spinoff of Kenvue , sources say.

Sources say Starboard amassed a significant stake in the company and expressed disappointment in its management and share-price performance.

J&J completed its separation in August 2023 , but the pharmaceutical company still holds a stake in consumer goods giant.

VR Score

68

Informative language

70

Neutral language

3

Article tone

formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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