An early look at 2024 Say-On-Pay votes. 25 companies and their compensation consultants leave shareholders wanting better.
Insight that Drives the Boardroom
Stay ahead with data-backed research, governance analysis, and expert commentary for investors, activists, and corporate leaders.
Activism & Governance
Weekly Activism & Executive Moves Review (April 12)
Macy’s and Arkhouse / Brigade enter an agreement, but the fight isn’t over yet. Illumina gets a new CFO as shareholders wait for Icahn’s directors to change trajectory. ANGI gets a new CEO as IAC CEO Levin steps aside.
Vanguard & Blackrock Should Vote “AGAINST” Directors at These April Shareholder Meetings
Vanguard and Blackrock should protect the owners of their funds and vote “AGAINST” to these directors in April.
Weekly Activism & Executive Moves Review (April 5)
Disney and Iger win against Trian, Peltz, and Blackwell’s. ELAN / Ancora, MRC / Engine Capital, TWLO / Sachem Cooperation Agreements. 4 Co-CEOs Leave.
AGM Update April 3, 2024: Disney (DIS) Proxy Contest, Plus Carnival Corp (CCL), FuelCell Energy (FCEL)
The Disney (DIS) proxy contest finally comes to conclusion today plus we see little to suggest shareholders should support the Carnival Corp (CCL) board at Friday’s shareholder meeting.
Weekly Activism & Executive Moves Review (Mar 29)
Boeing CEO Dave Calhoun is stepping down, but not until the end of the year. We think the whole board should be up for replacement. Plus PW Partners is in at BJs Restaraunts and Buxton Helmsley is in at Fossil Group.
Shareholders Vote Their Director Discontent – Voting Through March So Far
Shareholders are sending these companies and directors a message in 2024. See the list of companies and directors where directors lack support.
Weekly Activism & Executive Moves Review (Mar 22)
Shake Shack (SHAK) steals Papa John’s (PZZA) CEO Robert Lynch. Peliminary contested proxies filed for Blackwell’s vs Braemar Hotels & Resorts (BHR), Engine Capital vs MRC Global, and Erez vs Whitestone REIT (WSR).
Weekly Activism & Executive Moves Review (Mar 15)
Starbucks wins. Rubric Capital v Xperi to heat up. Radoff in at BOOM. Thirdpoint/Saddlepoint in at AAP. 3M (MMM) gets a new CEO. Plank back at Under Armour.
Weekly Activism & Executive Moves Review (Mar 2- Mar 8)
New cooperation agreements at Barnes Group (Irenic), Chef’s Warehouse (Legion), and Ventas (Land & Buildings). Arkhouse/Brigade raise their bid for Macy’s. Weekly CEO/CFO Moves.
SPAC & IPO Analysis
Daily SPAC Update – September 16, 2025
Chenghe Acquisition III IPOs for $110M. ESH Acquisition + The Original Fit Factory and Willow Lane + Boost Run Deals announced. Ares + Kodiak PIPE/Funding Update.
Daily SPAC Update – September 13, 2025
Athena Technology Extension Approved ($3.3M Redeemed). Cayson Acquisition Deal Amendment Lowers Valuation. Integrated Rail & Resources Extension Vote.
Daily SPAC Update – September 12, 2025
OTG Acquisition $200M IPO. Kingstown’s Blitzer Takes Over Maywood Acquisition. Aura Fat Project Extension Vote. 1RT Acquisition Separate Trading.
Daily SPAC Update – September 11, 2025
Southport Acquisition DeSPACs to Angel Studios (ANGX). IB Acquisition Sets Extension Vote. Alchemy Investments Extension Approved. Alphavest + AMC Corporation Deal Approved. Pelican Deal Announced.
Daily SPAC Update – September 10, 2025
Trailblazer IPOs for $240M. AFAR + Allrites Deal Terminated. Athena Technology II Extension Vote. IB Acquisition, Newbury Street, and Alphatime Set Extension Votes.
Daily SPAC Update – September 9, 2025
Two Quantum Computing SPAC Deals (DMY Squared and Churchill) and a Crypto Deal (Vine Hill) in Two Days. Plus Talon Capital IPOs $225M.
Daily SPAC Update – September 8, 2025
Corner Growth 2 Capital Expansion Approved. Silver Pegasus and Pyrophyte Separate Trading Begins.
Daily SPAC Update – September 5, 2025
Cartica Acquisition Sets Extension Vote for October. Pyrophyte Acquisition Separate Trading Next Week.
Daily SPAC Update – September 4, 2025
Two New SPAC IPOs to Start September: GSR IV and Spring Valley III. Denali Capital Deal Approved. Trailblazer and Alphavest Set Extension Votes.
Daily SPAC Update – September 3, 2025
Denali Capital + Semnur Pharmaceuticals Deal Vote. Solarius Capital Separate Trading. Dynamix Gets Ether Injection.