Barry-Rosenstein Jana Partners

Barry Rosenstein spoke today at the Milken Conference on the topic of corporate governance and activist investing. Barry Rosenstein had some harsh words about the Canadian system of corp governance after his failed attempt to implement change at Agrium. The speakers on the panel…

Speakers:

Michelle Edkins, Global Head of Corporate Governance and Responsible Investment, Black Rock

Ed Garden, Chief Investment Officer and Founding Partner, Trian Fund Management, LP

Clifton Robbins, Founder and CEO, Blue Harbour Group

Barry Rosenstein, Founder and Managing Partner, JANA Partners

Peter Weinberg, Founding Partner, Perella Weinberg Partners

Moderator:

Anne Sheehan, Director, Corporate Governance, California State Teachers’ Retirement System (CalSTRS)

Shareholders are demanding more from managements and boards – not just as overseers, but in an effort to increase the value of the enterprise. Amid the backdrop of record-low interest rates, pent-up M&A demand and stacks of cash on corporate balance sheets, these activists are being backed by new capital. In addition, more companies are working with activist investors to identify opportunities to create and unlock substantial shareholder value. This panel explores the recent rise in investor engagement and its impact on all stakeholders.

The full video is embedded below: