Proxymity’s Post

"Shareholder activism is arguably stronger than ever. Campaigns focused on environmental, social and governance (ESG) issues have risen in number, though the anti-ESG movement may dampen some of the momentum on this front. Governance and M&A-related campaigns, among the most common areas of attention, have seen a resurgence that will persist if 2024 brings the anticipated increase in M&A activity. Activists will likely push for more business unit sales through portfolio rationalisation, as well as whole company sales." https://lnkd.in/djeWECYp #ShareholderActivism #CorporateGovernance

Globally shareholder activism is on the rise. Now more than ever, companies must proactively mitigate activist risks. This article will take you through recent trends in shareholder activism and how to prepare for them. Read the complete article on our blog: https://lnkd.in/eDunWi9a #InvestorRelations #ShareholderActivism #MarketTrends

Some activists, in some situations, may engage in questionable tactics that fly in the face of the fundamental spirit of shareholder activism, as this next #Forbes article discusses. #corpgov #corporategovernance #esg #shareholderactivism #hedgefunds https://lnkd.in/eaJKf5ce

Shareholder activism has been picking up steam over the last 12 months. This article provides some great insights into trends, evolving tactics, personal risks facing directors and officers, and steps companies may want to consider taking. #generalcounsel #corporategovernance #shareholderactivism #activists #inhousecounsel #directorsandofficers

CFOs must take an active approach to reviewing and improving performance so that the actions required by activists aren’t necessary. “If approached, companies need to understand what kind of activist firm they’re dealing with and what options they may have — then they can respond in the right way.”-David Garfield, global head of industries, AlixPartners. Read the full story here: https://lnkd.in/eWhrZTTS

To join us at the upcoming DealFlow Events Activist Investor Conference on March 21st in NYC, visit https://lnkd.in/gV4cFftB Our partners at DealFlow Events are spotlighting vital insights into shareholder activism through panels and presentations. https://lnkd.in/esVKiY6U B2i Digital is the exclusive marketing sponsor; we’re showcasing speaker and company profiles to widen exposure. This forum connects governance specialists, investors, board members, and advisors for high-impact networking. The conference agenda includes examining trending legal issues, shifting focuses to ESG, planning effective campaigns, and more. The agenda features some transcendent speakers who have expert knowledge and information, including: Evolution of Shareholder and Management Rights Jon Feldman, Partner, Goodmans Universal Proxies, 13D, and Size Matters – Legal Perspectives on Activism Demetrius Warrick, Partner, Skadden, Arps, Slate, Meagher & Flom LLP Gabrielle Wolf, Director, InnisFree Adam Pollack, Partner, Joele Frank Are You Equipped for Conflict? Prevailing in High Stakes Proxy Battles Aaron Atkinson, Partner at Davies Ward Phillips & Vineberg LLP Brendan M. F., Founder & CEO, Forward Risk The Straight Skinny: Shareholder Activism Yesterday, Today and Tomorrow Lindsay Frost, Journalist, Agenda Michael Levin, Founder, The Activist Investor Two Sides of the Coin: Defense and Offense in Activism Doug Rappoport, Partner, Akin Gump Strauss Hauer & Feld LLP Activist Hedge Funds – Vulnerabilities Activists Look For Elizabeth Gonzalez-Sussman, Vice-Chair, Shareholder Activism, Olshan Frome Wolosky, LLP Get Ready: The New Wave of Shareholder Activism Adam Kommel, Shareholder Activism Development Lead, Bloomberg LP Kai Haakon E. Liekefett, Partner and Co-Chair, Shareholder Activism & Corporate Defense Practice, Sidley Austin LLP Sean Donahue, Co-Chair, Shareholder Activism & Takeover Defense, Paul Hastings, LLP Why Boards Should Think Like Activists – Benefits of an Experienced Activist in the Boardroom Robert "Bob" Marese, President Mackenzie Partners, Inc. Andrew Shapiro, CEO, Lawndale Capital Management Good, Bad, and Ugly – Defining Shareholder Activism Success and Failure Patrice Bonfiglio, President, Sarissa Capital Phil Goldstein, Founder & CEO, Bulldog Investors Threats and Promises: Strategic Reputation Management During Transitions Lex (Aleksi) Suvanto, Managing Partner and CEO of Financial Communication & Capital Markets, Edelman The Impact of Shareholder Activism on Global M&A Fred Pletcher, Partner, Borden Ladner Gervais Kurt Moeller, CFA, MBA, Managing Director, FTI Consulting Early registration ends February 16th. Join us for a day of activist investing, education, and dealmaking. Register here: https://lnkd.in/gV4cFftB Let’s connect in NYC for this special event.

Discover how to face activist shareholders and protect your company's strategy. Read the full article now! ✏ Mirabel Paquette, Craig MacPhail, and Larry Markowitz #publicrelations #capitalmarkets #corporatecommunications

REMINDER: Join us TODAY at 12pm ET/9am PT for the next edition of our IHC Fundamentals Series as Nicole Perez, Partner at Baker Botts LLP discusses the key issues and trends in shareholder activism, and how boards and management can prepare for and defend against activist attacks. The session will cover: • An overview of shareholder activism • Tactics commonly used by activists • Factors that attract activists to particular companies • How to assemble a team for activist defense • How management and the board can respond to and defend against an activist • Activism in M&A transactions • Key board decisions when faced by an activist and indicative timelines • The effect that the ESG movement has had on activist activity • The effect of the universal proxy rules This program is designed for in-house counsel from public companies who manage shareholder disputes and boards of directors. This program is FREE thanks to our gracious sponsor, Baker Botts LLP! If you can't make it to the live program, the recording will only be available for viewing via our paid CLE library, In-House Connect On-Demand! RSVP HERE: https://lnkd.in/e3j-u8kS #inhouseconnect #inhousecounsel #shareholder #activism #cle

REMINDER: Join us TODAY at 12pm ET/9am PT for the next edition of our IHC Fundamentals Series as Nicole Perez, Partner at Baker Botts LLP discusses the key issues and trends in shareholder activism, and how boards and management can prepare for and defend against activist attacks. The session will cover: • An overview of shareholder activism • Tactics commonly used by activists • Factors that attract activists to particular companies • How to assemble a team for activist defense • How management and the board can respond to and defend against an activist • Activism in M&A transactions • Key board decisions when faced by an activist and indicative timelines • The effect that the ESG movement has had on activist activity • The effect of the universal proxy rules This program is designed for in-house counsel from public companies who manage shareholder disputes and boards of directors. This program is FREE thanks to our gracious sponsor, Baker Botts LLP! If you can't make it to the live program, the recording will only be available for viewing via our paid CLE library, In-House Connect On-Demand! RSVP HERE: https://lnkd.in/e8T4q_Dg #inhouseconnect #inhousecounsel #shareholder #activism #cle

Shareholder activism has always been a relevant issue for companies, but in recent years a new variety has emerged and taken hold in the form of ESG shareholder activism. Read this Q&A-style article which examines ESG shareholder activism and engagement across the globe. #ShareholderActivism #ESG #CorporateGovernance #litigation