News

May 20, 2015
Articles

  Large Investors Will Not Stand for Short-Termism May 18, 2015 By Patrick McHugh  Patrick McHugh is a senior managing director and founding partner of Okapi Partners, a proxy solicitation and investor response firm. BlackRock CEO Larry Fink’s recent letter to the CEOs of the S&P 500 and other large companies around the world was a […]

March 17, 2015
Articles

Retail Campaigning: Why Mom and Pop Make a Difference in Proxy Fights NEW YORK (The Deal) — This past October, Starboard Value founder Jeffrey Smith scored a landslide victory at restaurant-chain owner Darden Restaurants (DRI – Get Report), overturning the company’s entire board. Key to that bitterly fought proxy fight was not only persuading institutional […]

March 4, 2015
Articles

Trian’s Proxy War With DuPont Revives Dormant Voting Debate By Antoine Gara, Forbes Universal proxy ballots, the inclusion of board nominees from both sides of an activist fight on a single voting card, was key in Bill Ackman’s defeat by Target in 2009 and his successful ouster of Canadian Pacific’s board a few years later. Now, […]

February 24, 2015
Articles

On Feb. 19, Okapi’s Bruce Goldfarb participated in an important roundtable discussion on proxy voting organized by the The Securities and Exchange Commission. Among the topic discussed were possible improvements to the proxy voting process, including universal proxy ballots and ways to increase retail shareholder participation in the proxy process. To access to a replay […]

December 3, 2014
Articles

Company directors “may reach a conclusion and say, ‘Wow, we are going to spend a lot of time fighting and get to a result that is nowhere near as satisfactory,’ ” said Bruce Goldfarb of Okapi Partners LLC, which advises on proxy fights. “Why get into this kind of nasty dragged-out name-calling situation?” BNY Mellon […]