From behind-the-scenes agitation to full-throttle proxy contests, shareholder activism has become a major issue for boards and management teams. When a company is publicly engaged by an activist investor, it faces intense scrutiny from all of its key constituents. No strategy or statement goes unchallenged. It is critical to stay on message – one misstep can have a profound impact on the outcome of the contest, and potentially the company’s future.
No firm has more experience in creating comprehensive communications strategies for answering the challenge of activist shareholders. Our work has covered a wide range of shareholder proposals and issues, including:
- Corporate strategy and disposition of assets
- Capital allocation
- Opposition to a proposed transaction
- Board composition
- Executive compensation and “Say on Pay”
- Succession planning
Through our firm’s unmatched experience defending public companies from activist investors, we understand the temperament, tactics and capabilities of the opposition.