Xerox Proxy Battle Hinged On CEO Conflict
For ousted Xerox CEO Jeff Jacobson, the perception (echoed by a judge) that he was pushing forward with a merger deal with Fujifilm to save his own job proved too much to overcome.
For ousted Xerox CEO Jeff Jacobson, the perception (echoed by a judge) that he was pushing forward with a merger deal with Fujifilm to save his own job proved too much to overcome.
Not only are investors pushing boards to think more strategically about ESG, diversity, and long-term sustainable investment, they’re also pushing for more shareholder communication around these topics.
JPMorgan Chase chairman and CEO Jamie Dimon demonstrates a cogent worldview that business is one part a race for numbers and at least two parts sensitivity to human nature.
For corporate boards and their companies, the only real protection from an activist investor is to consistently turn in an excellent performance.
Would your board be ready to respond if a large shareholder asked the company to join the more than 450 U.S. public companies that have adopted proxy access?
Thanks to the rapid rise in shareholder activism in recent years, activist directors have become a mainstay of publicly held company boardrooms.