Barry Rosenstein, founder and managing partner of activist hedge fund Jana Partners, says that not every chief executive ignores activist investors. Kerr-McGee Corp. Chief Executive Luke Corbett met with shareholders, and then decided it made sense to speak to the activist investors that were lobbying for change at the oil and gas producer, which ultimately sold itself to Anadarko Petroleum Corp.
Summit Notebook
Exclusive outtakes from industry leaders
Audio - Kerr-McGee did the right thing
Post a comment
Posted by: Dan Wilchins
Post Your Comment
House Rules:
- We moderate all comments and will publish everything that advances the post directly or with relevant tangential
- We try not to publish comments that we think are offensive or appear to pass you off as another person, and we will be conservative if comments may be considered libelous.information.
