activist shareholders News
Generali CEO Wins Board Backing Despite Opposition From Two Leading Shareholders
The board of Assicurazioni Generali on Monday threw its weight behind the reappointment of Chief Executive Philippe Donnet, overlooking opposition from two leading shareholders in Italy's top ...
Shareholder Backing for U.S. Climate Measures Rose Significantly This Year
Support for climate-related shareholder resolutions at U.S. companies rose significantly this year, according to a report released on Wednesday, as investors focused on economic threats posed by ...
Aviva Will Return $5.5B to Investors; Activist Shareholder Wants More
British insurer Aviva pledged on Thursday to return at least 4 billion pounds ($5.5 billion) to shareholders, sending its shares surging, but activist investor Cevian Capital demanded more. Cevian, ...
Swedish Activist Investor Buys Big Stake in UK Insurer Aviva
Swedish activist investor Cevian Capital AB has bought almost 5% of Aviva Plc, placing it among the insurer's top three holders. Christer Gardell, managing partner at Cevian, said the Stockholm-based ...
Argo Activist Shareholder Voce Seeks Special Meeting to Elect New Board Members
Activist shareholder Voce Capital Management LLC is renewing its fight with the board of Argo Group International Holdings Ltd. This time, Voce is calling for a special meeting of Argo shareholders ...
Argo Shareholder Voce Abandons Bid to Nominate 5 Board Members, Alleging ‘Underhanded Tactics’
An activist Argo shareholder that had accused the insurer of extravagant spending and other corporate missteps has ended its battle to nominate a slate of new board members. Voce Capital Management ...
Shareholder Accuses Argo Group of Illegally Appointing Two Board Members
An Argo Group shareholder accusing the company and CEO Mark Watson III of extravagant spending practices now claims that the carrier illegally appointed two board members. Argo disagreed, continuing ...
Argo Group Shareholder Angry Over ‘Wasteful Culture’ Releases Names of Board Nominees
Argo Group shareholder Voce Capital Management is upping its pressure against the company, accusing it of failing to address any recent concerns raised about the alleged corporate excesses under CEO ...