Deals
NextGen Founder Razin Pushes for Board Seats to Up Performance
- Razin and second director say they’re not seeking control
- Board majority accused of being unwilling to make improvements
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The founder of NextGen Healthcare Inc. has nominated four new directors to the company’s board in an effort that he says is aimed at improving its poor performance under the leadership of chairman, Jeffrey Margolis.
Sheldon Razin, who currently sits on the board, and fellow director Lance Rosenzweig sent a letter Thursday to the company’s board saying they would also seek re-election to what is expected to be a nine-member board.