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Bloomberg Businessweek Weekend - February 10th, 2023
Bloomberg Businessweek
Is There a New Generation Coming Up Behind Them?
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The changes in the way activists and indeed anyone is allowed to sort of vote in terms of nominating directors is significant. The so-called universal proxy rules, which allow dissonant shareholders to put forth their nominees for the board of directors on the same card that the company has to send out to Shell. I think we probably would be seeing some large-scale activism. And it makes me wonder, is there a new generation coming up behind them, or is this kind of a lost art?
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