ShareholderActivism

Citi's Controversial $52 Million Payout to Top Banker Sparks Investor Vote Shift

2 months ago

In a surprising turn of events, Citigroup Inc. has found itself at the center of a corporate governance debate following a staggering $52 million compensation package awarded to its former Chief Financial Officer, Mark Mason. This exorbitant payout has drawn the ire of Glass Lewis, a prominent shareholder advisory firm, leading to a potential shift in voting recommendations for the upcoming shareholder meeting.

Climate Activist Investor Urges Displeasure with BP’s Leadership

2 months ago

In a significant move within the energy sector, a prominent climate activist investor is urging shareholders to vote against the re-election of BP's chairman, Helge Lund, during the upcoming annual general meeting. This escalation in shareholder activism reflects growing concerns over the oil giant's commitment to climate change initiatives and sustainability practices.

Shareholder Demands Action from Seven I Over Couche-Tard Acquisition Proposal

2 months ago

In a significant move in the corporate landscape, a prominent shareholder has urged Seven I, the investment firm, to initiate discussions with Canadian retailer Alimentation Couche-Tard regarding its recent acquisition offer. This development marks an important chapter in the evolving story of mergers and acquisitions within the retail and convenience store sector.

Glass Lewis Backs Mantle Ridge in Ongoing Air Products Board Battle

4 months ago

In a significant development within the corporate governance landscape, Glass Lewis, a prominent advisory firm, has thrown its support behind Mantle Ridge in its ongoing contest for control over the board of Air Products and Chemicals, Inc. The conflict centers on two crucial board seats that Mantle Ridge is vying for, as it aims to influence the strategic direction of the industrial gas giant.

Speculation Soars as Seven I's Takeover Feud Sparks Major Buyback Talks in Banking

7 months ago

In a recent turn of events, the ongoing feud surrounding the takeover saga of Seven & I Holdings has ignited considerable speculation regarding the potential for substantial buybacks within its banking division. As the elements of this corporate drama unfold, industry analysts and stakeholders are keenly observing the implications of these developments on the company's financial strategies and market positioning.

Dye & Durham Strikes Strategic Agreement with Black Sheep Activist Group Over Board Representation

7 months ago

In a notable development within corporate governance, Dye & Durham, a prominent provider of cloud-based legal and business software, has officially entered into an agreement with the activist shareholder group Black Sheep. This collaboration aims to enhance representation on the company's board of directors, a move signaling responsiveness to investor concerns and the growing influence of shareholder activism in corporate decision-making.