Autodesk(ADSK) Prnewswire·2025-03-19 18:05Core Viewpoint - Autodesk is committed to acting in the best interests of its company and shareholders, highlighting strong financial results and strategic initiatives aimed at generating long-term value [1] Financial Performance - Autodesk achieved a non-GAAP operating margin of approximately 39% in FY 2025, an increase of over 2,400 basis points since FY 2019 and 300 basis points since FY 2023, reaching its target a year ahead of schedule [2] - The company has implemented a new go-to-market approach and is currently in the optimization phase, focusing on driving growth and expanding operating margins [2] Board Governance - Autodesk has appointed five new independent directors in the past six years, including two recent appointments in December 2024, demonstrating a commitment to board refreshment and strong corporate governance [3][4] - The board consists of a majority of independent directors with extensive industry expertise and operational experience [3] Engagement with Starboard - Autodesk has engaged constructively with Starboard Value LP over the past year, inviting them to present ideas to the board and offering participation in the director nomination process, which Starboard declined [5] - If Starboard proceeds with its nomination, Autodesk's Corporate Governance Committee will review the candidates as part of the regular evaluation process [6]