Activists, Activists Everywhere

In last week’s Governance Watch webcast on the New Era of Shareholder Activism, James Langston, Partner at Cleary Gottlieb Steen & Hamilton, Pamela Codo-Lotti, Global Chief Operating Officer - Activism and Shareholder Advisory at Goldman Sachs, and Arthur Crozier, Chairman of Innisfree M&A Incorporated (which represented Engine No.1 in its landmark proxy fight against ExxonMobil) discussed the latest developments in, and their predictions for, shareholder activism.

Here are some of the key insights:

• Shareholder activism with a big “A”—aimed at changing the strategic direction of a company—has roared back to prepandemic levels in the US. But th