Quantum Corporation Board Unanimously Elects Raghu Rau as Chairman

Published on Aug 14, 2017 in Quantum

This post was originally posted to the Quantum website.

SAN JOSE, Calif., Aug. 14, 2017 /PRNewswire/ — Quantum Corp. (NYSE: QTM) today announced that its board of directors has unanimously elected current director Raghu Rau as chairman, succeeding Paul Auvil, who will remain on the board. In addition, the company announced that Gregg Powers has resigned from the board, effective immediately. Quantum’s Corporate Governance and Nominating Committee is also being reconstituted and will now consist of Mr. Rau, Clifford Press and Alex Pinchev as its members.

Quantum also announced today that the company has signed a Letter of Intent to engage AlixPartners, a leading global business advisory firm that specializes in turnaround management consulti…

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