Trian/Dupont: Trian’s proxy fight at Dupont was significant on many levels. While viewed by many as a “loss” for Trian, it actually showed how far activists have come. Trian got the recommendation of ISS in a proxy fight against an outperforming mega-cap company and almost won a seat for its founder, Nelson Peltz, who received 43% of the vote. This proxy fight also had ramifications on activism and how companies and their advisors dealt with activists in the wake of Dupont. If Trian almost got a seat at Dupont, they are almost certain to get a seat at smaller companies…
Top 10 Activist News Stories Of 2015
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