Page 4 - Proxy Fights News Today

2 Min Read BOSTON (Reuters) - Goldman Sachs ranked as the top financial adviser to companies targeted by activist investors in 2020, holding onto the top ranking for the second straight year, according to Refinitiv data published on Monday. FILE PHOTO: A sign is displayed in the reception of Goldman Sachs in Sydney, Australia, May 18, 2016. REUTERS/David Gray During 2020, Goldman advised on 49 campaigns, including Twitter, EBay and Harley Davidson , down modestly from 53 in 2019. The top 10 a...

Proxy advisers Institutional Shareholder Services Inc and Glass Lewis & Co recommended separately that LG Corp shareholders vote against the South Korean company's plan to spin off five affiliates, arguing there is no "compelling" reason for the proposed transaction.

Proxy advisers Institutional Shareholder Services Inc and Glass Lewis & Co recommended separately that LG Corp shareholders vote against the South Korean company's plan to spin off five affiliates, arguing there is no "compelling" reason for the proposed transaction.

The chief executive officer of Tegna Inc on Tuesday apologized for having mistaken a Black executive, who this year became a candidate for the broadcast company's board, for a hotel car valet in 2014.

Sensor maker Velodyne Lidar Inc said its founder David Hall resigned as a director of the company on Tuesday, days after he was removed as chairman.

By Reuters Staff 2 Min Read (Reuters) - Private label food group TreeHouse Foods on Tuesday appointed two new independent directors to its board, three weeks after activist investment firm Jana Partners urged the company to consider selling itself. TreeHouse said it shares a “common perspective” with Jana, which has said the stock remains undervalued nearly three years into a turnaround. The company said its current share price does not reflect the progress it has made. Jana, which owns 7.4...

2 Min Read BOSTON (Reuters) - JPMorgan Chase has hired veteran banker Alfredo Porretti to head its shareholder activism defense efforts in North America as investors are launching new campaigns to push corporations into making significant changes, three sources said. FILE PHOTO: A sign of JP Morgan Chase Bank is seen in front of their headquarters tower in Manhattan, New York, U.S., November 13, 2017. REUTERS/Amr Alfiky He will head Shareholder Engagement and M&A Capital Markets for North Ameri...

Private label food group TreeHouse Foods on Tuesday appointed two new independent directors to its board, three weeks after activist investment firm Jana Partners urged the company to consider selling itself.

5 Min Read (Reuters) - Exxon Mobil Corp on Monday named activist investor Jeffrey Ubben and former Comcast executive Michael Angelakis to its board amid a push by prominent shareholders for it to focus more on clean energy and improve its financial performance. FILE PHOTO: FILE PHOTO: A view of the Exxon Mobil refinery in Baytown, Texas September 15, 2008. REUTERS/Jessica Rinaldi/File Photo/File Photo Exxon has fended off attempts in the past to get it to change its policies and leadership, but...

5 Min Read (Reuters) - Exxon Mobil Corp on Monday named activist investor Jeffrey Ubben and former Comcast executive Michael Angelakis to its board amid a push by prominent shareholders for it to focus more on clean energy and improve its financial performance. FILE PHOTO: FILE PHOTO: A view of the Exxon Mobil refinery in Baytown, Texas September 15, 2008. REUTERS/Jessica Rinaldi/File Photo/File Photo Exxon has fended off attempts in the past to get it to change its policies and leadership, but...