New York, US
Alan Guarino Vice Chairman Korn Ferry discussing why boards need to think and act like activist investors. Activism is on the rise and companies need to be thoughtful in terms of their response when activist investors target them with billions of dollars of financial firepower. The activist’s objective might be to acquire a controlling stake in the company and take it over, or mount a proxy challenge to get representatives on the board.
The U.S. economy added 263,000 new private sector jobs in March, according to ADP, but Korn Ferry Vice Chairman Alan Guarino says determining the key areas for job creation isn't easy.