Nominating and Governance Committee Chair and Risk Oversight Advisory Councils: Best Practices in Shareholder Activism

In brief: As boards work to create long-term value, it is key that they be prepared to face a myriad of risks, including being ready for the likely scenario of an activist among the company’s stockholder that may be looking for short-term shareholder returns.

With this backdrop, NACD, Heidrick & Struggles, PwC, and Sidley Austin convened NACD’s Nominating and Governance Committee Chair and Risk Oversight Advisory Councils in New York City to discuss shareholder activism. 

This resource can help your board to

• plan during peacetime for an incident of shareholder activism,
• determine how to delegate responsibility during a proxy fight, and
• learn how to watch for early warning signs of a proxy fight.

Most relevant audiences: nominating and governance chairs, risk committee chairs, chief risk officers, nominating and governance committee members, CEOs, risk committee members