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jerryking : cp   5

Turnaround ace: Inside the Hunter Harrison era at CP Railway - The Globe and Mail
BY GORDON PITTS, PHOTOGRAPHS BY DERMOT CLEARY
The Globe and Mail
Published Thursday, Apr. 24 2014
turnarounds  Gordon_Pitts  CP  railways 
april 2014 by jerryking
Wes Hall: From mail room clerk to Bay Street power broker
Jan. 30 2014 | The Globe and Mail | Doug Steiner.

Welcome to the full-combat world of activist investing. Wall Street agitators such as Bill Ackman, Barry Rosenstein and Carl Icahn, and a small but growing number of Canadians, such as Greg Boland of West Face Capital, want underperforming executives to raise shareholder returns fast, or get out of the way. And they come armed with detailed business makeover plans, lawyers, investment bankers, PR reps and what, over the past decade, has become one of the most powerful weapons in their arsenal: the proxy solicitation and advisory specialist....What does a proxy specialist do? A generation ago, the job was little more than an administrative position–arranging annual meetings and monitoring the collection of proxy forms from docile shareholders who didn’t have the inclination to attend, and whose shares would then be voted in favour of existing directors and management. Hall began his career in that routine end of the business in the 1990s. He founded Kingsdale in 2003 because he saw a growing and profitable niche: Activists and target regimes needed high-level advice and coaching in shareholder disputes.

Now Hall and a handful of other top Canadian specialists are like the superstar managers who hatch U.S. presidential campaigns. They plot strategy, control written communications to investors, stage cross-country tours, corral shareholder votes and whip their candidates–be it the activist or the target company–into shape, keeping them focused and on-message.
Doug_Steiner  Bay_Street  entrepreneur  movingonup  power_brokers  hedge_funds  West_Face  shareholder_activism  boards_&_directors_&_governance  William_Ackman  Pershing_Square  CP  public_relations  African_Canadians  Wes_Hall  proxy-advisory  niches  insights  superstars 
february 2014 by jerryking
Clear the track
JULY/AUGUST 2012 | REPORT ON BUSINESS | DEREK DECLOET
William_Ackman  CP  CN  hedge_funds  railways 
september 2012 by jerryking
Ackman unimpressed with CP’s results - The Globe and Mail
BRENT JANG AND JACQUIE McNISH
From Tuesday's Globe and Mail
Published Monday, Apr. 23, 2012
William_Ackman  CP  CN  hedge_funds  railways 
april 2012 by jerryking

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