MATTHEW SHERMAN

A founding member of the firm, Matt has more than 16 years of experience providing strategic corporate, financial and crisis communications counsel to Boards of Directors and executive leadership of public corporations and private equity firms involved in M&A, hostile takeovers, proxy contests, shareholder activism defense, spin-offs, reorganizations, financial restructurings, management changes, litigation, regulatory actions and a wide range of corporate crises. His areas of expertise include:

  • Shareholder Activism: He has advised hundreds of companies in their defense against proxy contests and other tactics employed by activist investors. Recent engagements, among others, include: Lear (Marcato, Oskie); Ferro (FrontFour Capital, Quinpario); Danone (Trian); Gardner Denver (ValueAct); Oshkosh (Carl Icahn); PMC-Sierra (Relational); Brocade (Elliott); Greenbrier (Carl Icahn); Progress Software (Starboard); JAKKS Pacific (Clinton Group); Motorola Mobility (Carl Icahn); Novell (Elliott); C.R. Bard (ValueAct); Lawson Software (Carl Icahn); Family Dollar (Trian); Iron Mounotain (Elliott); DST Systems (RDG Capital); MIPS Technologies (Starboard); Zoran (Starboard); Federal Signal (Kanders); SurModics (Starboard); and Cypress Bioscience (Starboard).
  • Mergers & Acquisitions: Recent M&A assignments include: Gardner Denver in its sale to KKR; Linn Energy in its acquisition of Barry Petroleum; Constellation Brands in its acquisition of the remaining interest in Crown Holdings, a 50-50 joint venture with Grupo Modelo; Motorola Mobility in its sale to Google; P.F. Chang’s in its sale to Centerbridge; ACI Worldwide in its acquisition of S1; CommScope in its sale to Carlyle; and Academy Sports + Outdoor in its sale to KKR. Other notable transactions include: Terra in its defense against an unsolicited offer from, and ultimate sale to, CF Industries; Bausch & Lomb in its sale to Warburg Pincus; Ventas in its acquisition of Sunrise Senior Living REIT; NovaGold in its successful defense against Barrick Gold's unsolicited takeover; Constellation Brands in its acquisitions of Robert Mondavi and Vincor; and Taubman Centers in its successful defense against an unsolicited takeover from Simon Property Group and Westfield America.
  • Corporate separations, Spin-offs and IPOs: Notable assignments include: Motorola in its separation into two independent companies; McDermott in its separation into two independent companies; Vishay in its spin-off of Vishay Precision Group; and Motorola in its spin-off and public offering of Freescale Semiconductor.
  • Investor Relations & Financial Public Relations: He develops and implements comprehensive corporate communications and investor relations programs for clients across a wide range of industries. He also has played a role in numerous corporate reorganizations, financial restructurings, Board and management changes, earnings pre-announcements, regulatory actions, litigation support and other material corporate developments.

Matt was named President of Joele Frank in August 2013. In 2012 he received The M&A Advisor’s “40 Under 40” Recognition Award, and in 2007 he was named to PR Week’s inaugural “40 Under 40” list. Matt previously was a vice president in the M&A and crisis communications practice at Abernathy MacGregor Frank. He received an MBA from Columbia Business School and a BA in international relations and a BA in communications from the University of Pennsylvania.