Elliott Associates initially nominated five people for BMC's board. After negotiations, BMC agreed to add two new members, John Dillon and Jim Schaper.
"We're pleased with the agreement with Elliott," said Beauchamp, saying that BMC's board has been extended from 10 to 12 directors. "We have a talented, experienced and diverse board - the addition of Mr. Dillon and Mr. Schaper adds to this strength."
"While our focus remains to execute our strategy to be the leader in enterprise IT management, we're always reviewing numerous avenues to build value for our shareholders," he added.
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