Twilio to seek shareholder approval for new board director terms

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(Reuters) Cloud communications company Twilio said on Wednesday it will seek shareholder approval at its upcoming annual meeting to change its board director terms to one year from three...

If Twilio gets shareholder approval for the declassification of board, directors elected at the 2025 annual meeting and thereafter will be elected to one-year terms, the company said in a statement...

Twilio also said that board member Byron Deeter will not seek reelection as a director and will retire from the board prior to its 2024 annual meeting of shareholders...