Navigating Activist Engagement in a Post-Proxy World

The new trend for companies confronting activist activity is constructive engagement, a process that prefers to listen and research activist concerns rather than engage in proxy battles, according to Jim Woolery, founder and managing partner of Hudson Executive Capital. In the wake of a changing shareholder landscape-one in which it takes far fewer shareholders to comprise effective control of the stock-companies are being thrust into a post-proxy world.