Shareholder Activism in an Economic Slowdown

In case you missed our recent webcast on Shareholder Activism, here are some insights from an all-star panel of James Langston, Partner at Cleary Gottlieb Steen & Hamilton, Pam Codo-Lotti, Managing Director at Goldman Sachs, and Scott Winter, Managing Director of Innisfree M&A Incorporated:

• Remember that activists are investors first. Both established and new activist players do not have a reliable playbook. They all borrow tactics from each other. What they have in common is looking to make a profit by identifying undervalued assets. So, expect them to focus on advocating for more urgency in executing business plans, speeding up structural changes management was already considering, and changing out management that is either underperforming or m