Derek Zaba joined McCauley & Co’s The Leadership Journey Podcast for an episode titled “Shareholder Activism: What You Need to Know Before They Come For You.” Derek discusses how to avoid and manage shareholder activism and, among other ideas, shares four key strategies to incorporate into advance planning activities:
- Have a team of advisors in place who are prepared and can give you direction before, during, and in the wake of activist advances.
- Make sure your governance documents (including your bylaws) have been reviewed from a shareholder activism perspective by experts.
- Understand the current activist playbook and how activists use it to achieve their goals.
- Have a shareholder rights plan ready to go, before you need it.