October 23, 2018
Bruce H. Goldfarb, president and CEO of Okapi Partners, commented, “Investors of all kinds are increasingly vocal about the companies they own, but major changes in corporate governance and corporate strategy will continue to be driven by investors with a dedicated activist strategy.”
October 23, 2018
“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.”
October 9, 2018
“As activists continue to gain a level of legitimacy in the market and design more effective ways to reach shareholders with their message, retail participation in the voting process should increase,” Bruce Goldfarb, CEO of Okapi Partners, wrote in the report.
October 8, 2018
Schulte Roth & Zabel (SRZ) today announced key findings from its 2018 Shareholder Activism Insight report, published in association with Activist Insight and Okapi Partners. The report is the result of an August 2018 survey of activist funds that have engaged almost 300 companies since 2013.
May 17, 2018
“All participants within the corporate outreach and investor community should work together to make more information available about annual meetings, corporate governance and other issues. As ESG matters become more important in the boardroom, for example, we think retail shareholders’ interest in voting will naturally go up and voting levels will improve with better technology.”
May 9, 2018
April 24, 2018
“‘I like to say that it was a series of fortunate events. The beginning of 2008 was clearly not the best time to start a new firm but we charged ahead, free of conflicts and happy to take on assignments for either side of a campaign,” said Goldfarb, co-founder, CEO and president of Okapi Partners LLC in an interview with The Deal. “Looking back, it turns out that we were at the beginning of a big change in shareholder activism, corporate governance and overall engagement with investors.”
April 21, 2018
“What are three white men doing talking about diversity?” Bruce Goldfarb, CEO of proxy solicitor Okapi Partners, asked the crowd — also mostly comprised of white males — leaving them seemingly bewildered.
April 19, 2018
“We are in an environment now where the largest shareholders are saying, ‘We want a diverse board. We are concerned with gender diversity. We are concerned with having people of color on the board,” Goldfarb said during his panel.
April 19, 2018
At Exxon Mobil’s annual shareholder meeting last year, for instance, Vanguard and BlackRock’s votes helped pass a shareholder resolution that the oil giant would regularly report the effects of climate change on its business—a blatant defiance of management’s recommendation. “That marked a turning point,” says Bruce Goldfarb, CEO of the proxy solicitation firm Okapi Partners. “The large index investors had mostly voted with management on environmental matters up until then.”