Engaged Capital Reaches Agreement with Benchmark Electronics

Olshan client Engaged Capital entered into a cooperation agreement with Benchmark Electronics pursuant to which Glenn W. Welling, the founder and Chief Investment Officer of Engaged Capital, was given the option to join the Benchmark’s Board until fifteen days before the advance notice deadline for Benchmark’s 2020 annual meeting as long as Engaged Capital continues to own at least 2.5% of the company. Steve Wolosky and Ryan Nebel represent Engaged Capital in connection with its investment in Benchmark Electronics.