An era of big-name activists with fiery personalities waging noisy proxy battles and wielding brash tactics to win board seats is over. “The industry in most cases is becoming much more institutionalized," said Charlie Penner, a longtime activist investor who launched a new firm with a name purposefully meant to sound anonymous: Ananym. From ‘corporate raiders’ to ‘constructivists’ Shareholder activism …
twitter facebook envelope angle-double-right angle-down angle-up long-arrow-right We’re tracking 178 races across San Diego County in the 2024 general election. twitter facebook envelope angle-double-right angle-down angle-up long-arrow-right Show all school boards San Diego County Alpine Union School District Bonsall Unified School District Borrego Springs Unified School District Cajon Valley Union School District Cardiff School District Carlsbad Unified School District Chula …
Activist investor Nelson Peltz thought he won the battle with Disney, but now he’s bracing for a proxy war. He “doesn’t understand our business,” its chief executive, William Johnson, told the New York Times, and cautioned that if he got “on the board, you’re going to have a destabilizing situation.” Peltz prevailed, winning a pair of board seats, and Johnson …