180 Degree Capital says Comscore board supports nominee Matthew Mclaughlin

180 Degree Capital Corp. (TURN) noted the announcement by comScore (SCOR) that SCOR’s Nominating Committee and Board of Directors will support the addition of 180 Degree Capital’s nominee, Matthew McLaughlin to SCOR’s Board of Directors at its upcoming 2024 Annual Meeting of Stockholders. “We commend SCOR’s Board for reaching this conclusion and avoiding the need for a competitive proxy contest,” said Kevin Rendino, CEO of 180 Degree Capital. “We nominated Matt because we believe his successful tenure as Chief Operating Officer of DoubleVerify Holdings and deep experience in the digital advertising market will bring a much-needed skill set to SCOR’s Board along with improved corporate governance as a strong voice for SCOR’s common stockholders. We believe SCOR’s upcoming Annual Meeting will mark an important step forward toward value creation for SCOR’s long-suffering common stockholders with the addition of Jon Carpenter and Matt to SCOR’s Board. We hope that SCOR’s Board can now focus and reach resolution on outstanding impediments to value creation including SCOR’s capital structure, the company’s data license contract with its preferred stockholder, Charter Communications, and supporting management’s efforts to run SCOR’s business in a more efficient, profitable manner than it has in its history.”