Domenick de Robertis

  • Shareholders & Activism

    How to manage an adverse proxy adviser recommendation

    With proxy season upon us, Domenick de Robertis explains the steps companies can take ahead of an AGM Favorable vote recommendations from the major proxy advisers ISS and Glass Lewis certainly make a company’s AGM easier. When faced with an adverse vote recommendation, however, companies should know there are still options on the table. The window for action is tight, though, so preparing in advance is critical. Issuers can begin thinking through the following steps so they can quickly move into action should there be opposition to any ballot items.Step 1: Know your shareholder baseThe first step is understanding your…

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