News

November 16, 2018
Articles

The proxy voting system, where shareholders elect board members and get a say on other contentious issues, is “complicated, somewhat arcane and . . . out of sync with modern technology,” said Bruce Goldfarb, chief executive of Okapi Partners, a proxy solicitor employed to drum up support during a contested vote. “The P&G situation put a spotlight on issues that have been plaguing the proxy process for years.”

October 23, 2018
Articles

“Predicting how a large investor might vote based on prior votes is becoming more difficult and activists need to conduct a careful analysis of a potential target’s shareholder base to effectively map out a strategy. Companies also need to monitor their shareholder base constantly to make sure they understand who owns their shares.”