In recent years, proxy advisory firms, activist investors, and other stakeholders have increasingly sought to drive governance reforms at publicly traded companies. Now, even index funds are beginning to collaborate with activists and other stakeholders in the shareholder engagement process to bring about change in governance practices, as well as in the E and S in ESG. In response to these developments, boards and management teams are deploying a range of different strategies and experiencing varying levels of success in doing so.
Please join us at 4:00 p.m. on October 9, 2019, at the Rainier Club to hear our expert panelists share the lessons they have learned from their recent experiences with real-world investor campaigns for governance reforms, proxy advisory firm engagement, governance road shows, and moving from reactive to proactive risk management.
Mark Finkelstein, a member of the board of directors of Columbia Banking System Inc. and a board member of the NACD Northwest Chapter, will moderate a panel including Beth Baum, senior director of Investor Relations at Weyerhaeuser Company; Gerhard Erdelji, investor relations officer at HomeStreet Bank, Inc.; and Michael Stiller, global co-head of Strategic Capital Intelligence at Nasdaq.
Senior Director of Investor Relations, Weyerhaeuser Company
Elizabeth (Beth) Baum has been head of Investor Relations at Weyerhaeuser since 2016. She also leads the company’s corporate financial planning and economic research team. Prior to her current role, she held various positions in investor relations and financial and capital planning. She joined the company in 2006. Baum serves on the Washington State Housing Finance Commission and Seattle Children’s Hospital Finance Committee.
Erdelji joined HomeStreet Inc., parent company of HomeStreet Bank, in 2015 as the company’s investor relations officer. He is responsible for crafting and executing the investor relations strategy and was a key contributor during HomeStreet’s successful defense of a two-year proxy contest. He works cross-functionally with the business units, finance, treasury, and the legal department to educate and communicate with stakeholders about the company’s strategy. Prior to joining HomeStreet, Erdelji spent 15 years as an investment banker providing capital raising and M&A advice to financial services clients, primarily banks in the western United States. During this time, he prepared HomeStreet for its initial public offering. He also spent nine years as a federal bank examiner, assessing the safety and soundness of some of the nation’s largest and most complex thrifts.
Global Co-Head of Strategic Capital Intelligence, Nasdaq
The Strategic Capital Intelligence (SCI) practice consults with public and private companies to identify and implement strategic growth initiatives. Engagements include developing investor outreach strategies for capital raises, providing guidance on investment story positioning and investor outreach, optimizing capital allocation decisions, and consulting companies on designing an ESG strategy fit for the capital markets. Stiller has been with Nasdaq since 2012 and has spent that entire time advising companies. Prior to Nasdaq, he was a buy-side analyst at a TMT long/short hedge fund and a macroeconomic volatility arbitrage hedge fund.