Integer adds two directors under cooperation agreement with Irenic Capital
Integer Holdings agreed on March 9, 2026 to a cooperation agreement with activist investor Irenic Capital Management, and appointed James Flanagan and Aaron Kapito to its board, effective March 12, 2026. Two incumbent directors, yet to be determined, will not stand for re-election at the 2026 Annual Meeting, and Irenic has withdrawn its director nomination notice and bylaw proposal for that meeting. For shareholders, the filing changes board composition and sets standstill and voting commitments that run until the earlier of a date tied to the 2027 advance notice deadline or March 9, 2027.
Key points
- James F. Flanagan was appointed to the board and will serve on the Audit Committee and the Technology Strategy Committee.
- Aaron Kapito, designated by Irenic, was appointed to the board and will serve on the Compensation and Organization Committee and the Technology Strategy Committee.
- The board size was increased to 13 members, effective March 12, 2026, and is limited to 11 members after the 2026 Annual Meeting until the cooperation period ends.
- Irenic Parties must hold at least a 1.5% net-long position to designate a substitute if Kapito leaves the board.
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 12, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.