Teneo’s Martha Carter and Sydney Carlock Quoted on the Changing Role of Proxy Advisors by Agenda
Summary
Teneo Vice Chairman and Head of Governance Advisory, Martha Carter, as well as Managing Director Sydney Carlock, were both quoted by Agenda on the changing roles of proxy advisors within companies.
Martha Carter argued that proxy advisors shouldn’t necessarily “drive key decisions,” but they are still influential and can help investors raise concerns when they otherwise may have “been less forthcoming in engagement because of the changes to 13G and 13D.”
The article also cited a Teneo study when discussing the ISS’ impact on voting results.
