Washington Post (May 3)
2025/ 05/ 05 by jd in Global News
Robert Monks, a pioneering champion of shareholder activism died at 91. His breakthrough was that“informed shareholders could use their proxy power to force management’s hand to clean up the industrial pollution.” And so he “set aside his corporate roles and, in a bold switch, helped restructure the rules of engagement in American capitalism.” The founder of Institutional Shareholder Services, “Mr. Monks is widely credited with devising how to harness shareholder activism for a greater voice on issues such as company board membership, strategic priorities and executive pay.”
Tags: https://www.washingtonpost.com/obituaries/2025/05/03/robert-monks-shareholder-activism-dies/
