A Curious Tale from the Annals of Shareholder Activism

By Maureen Wolff, President and Partner Nothing has more power to change a boardroom’s dynamics than the election of dissident directors – especially when they arrive as a twosome. I had the honor of moderating a panel discussion on shareholder activism at the National Association of Corporate Directors New England Chapter breakfast event earlier this…

Activists and Boards Share Common Ground on Communications

When it comes to corporate governance, board members and shareholder activists are usually on opposite ends of the spectrum.  But at separate conferences in New York and Boston this month, the two camps expressed a surprisingly similar view about the most effective way to deal with the anticipated increase in shareholder activism in 2011: better…

Prepare for Proxy Access Now – Avoid an Activist Horror Story Later

Hello again.  We took a bit of a hiatus from blogging this summer, but we are now back to share a Halloween story sure to scare you straight! Unless you are one of the 33 Chilean miners that were trapped underground for the past two months, you have likely been watching the drama unfold on…

Winning the Gunfight at the Proxy Corral – Four Steps to Prepare for Shareholder Activism

The term “shareholder activism” can sometimes send a shiver down your spine and conjure up all kinds of unwelcome events – unhappy shareholders, proxy contests, shareholder proposals, 13D filings and withhold vote campaigns, to name just a few. I recently moderated a NIRI Virtual Chapter webinar on “Shareholder Activism Trends.”  The participants, consisting mainly of IROs…

To Split or Not to Split – That is the Question Boards Should Be Asking

With proxy season on the horizon, a new SEC rule will be requiring companies to justify the structure of the board’s leadership.  That could have some companies thinking about whether the roles of chairman and CEO should be separated – an issue that’s been hotly contested for years. Proponents of taking an axe to the…