Publication

Shareholder activism and the board

October 2021

Although shareholder activism is not new, it is evolving in ways that present new challenges for boards. Companies face broader pressure, from a broader group of investors, to change their practices. While the issues that gave rise to activist campaigns in the past have not gone away, a global pandemic, urgency on climate-related issues, and an enhanced focus on people and talent have expanded the avenues that shareholders are using to push managers and boards.

On September 22, Lead Director Network members were joined by Jim Rossman, co-head of Capital Markets Advisory at Lazard, to discuss current trends in shareholder activism and how boards can effectively prepare for and respond to an activist campaign.