DENVER--(EON: Enhanced Online News)--Join the Rocky Mountain Chapter of the National Investor Relations Institute (NIRI) for October’s feature presentation: “The New Age of Shareholder Activism: Preparing Your Defense During the Proxy “Offseason.”
“The New Age of Shareholder Activism: Preparing Your Defense During the Proxy “Offseason.”
FTI Consulting’s Steven Balet and Chris Kettmann will discuss the playbook of today’s activist investors, real-world examples of activist fights, and recommended steps toward engaging the voting decision makers and key influencers during the proxy “offseason” to prevent or defeat activist threats. The presentation will explore questions such as:
- Is your company at risk of being an activist target?
- What does a typical activist’s playbook look like?
- What can you do to defend yourself against potential activist threats?
In 2013, shareholder activists have been more successful than ever at pushing their agenda, with an estimated 65% of all contests resulting in the activist gaining Board seats and, in some cases, full control. With an estimated $73 billion invested in activist funds, companies of all sizes and shapes – including Dell, Microsoft, Occidental Petroleum and Apple – have been caught in the crosshairs, with activists receiving more support from large institutions and pensions funds that are incorporating a more thoughtful process into making their voting decisions.
Who: Steven Balet and Chris Kettmann, Managing Directors – FTI Consulting.
Steven Balet is a managing director in FTI Consulting’s Strategic Communications practice. For the past 19 years, Mr. Balet has advised public companies and hedge funds of all sizes on mergers & acquisitions, contested proxy campaigns and corporate governance issues. Mr. Balet’s experience includes providing strategic advice in cross-border and global proxy solicitations, corporate proxy defense strategy, dissident investor campaigns, proxy fights and M&A transactions. He routinely counsels issuers on how to engage third-party advisory groups such as ISS as well as providing background information on various activist stockholders and the techniques they employ.
Chris Kettmann is a managing director in FTI Consulting’s Strategic Communications practice. Mr. Kettmann advises public and private companies on developing and executing comprehensive communications strategies. His clients have spanned a variety of industries, with a particular focus in the energy, natural resources and industrial sectors. He also provided communications and capital markets advisory services to drilling rig owner Transocean following the 2010 Gulf of Mexico oil spill and throughout its recent activist contest with Carl Icahn.
When: Tuesday, October 8, 2013
Registration: 11:30 a.m. - 12:00 p.m.
Lunch and Program: 12:00 p.m. - 1:30 p.m.
Where: Denver Athletic Club
1325 Glenarm Place, Denver
Cost: NIRI Members - $41,
Non-Members - $58
To register, go to www.rockyniri.org.
About the Rocky Mountain Chapter of the National Investor Relations Institute
The Rocky Mountain Chapter of the National Investor Relations Institute (NIRI) represents most of the major public companies in the Rocky Mountain region with a membership that averages about 95 corporate practitioners, IR consultants and IR-related service providers. The chapter holds regular monthly meetings and special events featuring experts on leading issues affecting publicly traded companies and the investor relations profession. For more information on the Rocky Mountain Chapter, please visit our website at www.rockyniri.org.
About the National Investor Relations Institute (NIRI)
Founded in 1969, NIRI is the professional association of corporate officers and investor relations consultants responsible for communication among corporate management, shareholders, securities analysts and other financial community constituents. NIRI is the largest professional investor relations association in the world with more than 3,300 members representing over 1,600 publicly held companies and $9 trillion in stock market capitalization.